2015 New Mexico Statutes
Chapter 59A - Insurance Code
Section 12 Insurance Agents, Brokers and Solicitors
Section 59A-12-12 General qualifications for individual agent, broker or solicitor license.
59A-12-12. General qualifications for individual agent, broker or solicitor license.
For the protection of the public in New Mexico, the superintendent shall not issue, continue or permit to exist a license to an individual as agent, broker or solicitor except as to an individual qualified as follows:
A. must be eighteen years of age or older;
B. must have passed any examination required for licensing;
C. must be competent, trustworthy and financially responsible;
D. if for license as an agent, must be appointed as an agent by an authorized insurer, subject to issuance of a license;
E. if for license as a solicitor, must be employed as a solicitor by a licensed agent, subject to issuance of the license; and
F. must be in compliance with other applicable qualifications and requirements of the Insurance Code.
History: Laws 1984, ch. 127, 213; 1999, ch. 272, 8; 1999, ch. 289, 9.
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