2015 New Mexico Statutes
Chapter 59A - Insurance Code
Section 11 Licensing Procedures, Agents, Solicitors, Brokers, Adjusters and Others
Section 59A-11-19 Return of license to superintendent.

NM Stat § 59A-11-19 (2015) What's This?

59A-11-19. Return of license to superintendent.

A. All licenses issued under this article are, and shall continue to be, the property of the state of New Mexico. Upon suspension, revocation, refusal to continue or other termination of the license, the licensee, former licensee, holder or possessor thereof shall forthwith deliver the license to the superintendent.

B. As to license lost, stolen or destroyed while in possession of licensee or other person, in lieu of return of the license the superintendent may accept the affidavit of the licensee or other person responsible for or involved in safekeeping of the license, concerning the facts of such loss, theft or destruction.

History: Laws 1984, ch. 127, 198.

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