2015 New Mexico Statutes
Chapter 59A - Insurance Code
Section 11 Licensing Procedures, Agents, Solicitors, Brokers, Adjusters and Others
Section 59A-11-15 Procedure for suspension, revocation or refusal to continue license.
59A-11-15. Procedure for suspension, revocation or refusal to continue license.
A. Not less than twenty (20) days prior to the effective date of any suspension, revocation or refusal to continue any license issued under this article, the superintendent shall mail his order and notice thereof to the licensee at the licensee's last address of record in the insurance department. Unless prior to such effective date the licensee requests a hearing thereon, under applicable procedures provided in Article 4 [Chapter 59A, Article 4 NMSA 1978] (examination, hearings, and appeals) of the Insurance Code, the order shall be final and not subject to review or appeal.
B. In the alternative, the superintendent may order the licensee to show cause at a hearing before the superintendent at a place, date and time stated in the order, but not earlier than twenty (20) days thereafter, as to why the superintendent should not suspend, revoke or refuse to continue the license, as the case may be. The superintendent shall mail the order to licensee at licensee's address last of record in the insurance department, or have personal service of the order made on licensee.
C. Order mailed as provided in Subsection A or B, above, shall be deemed received by the licensee.
History: Laws 1984, ch. 127, 194.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
