2015 New Mexico Statutes
Chapter 59A - Insurance Code
Section 12 Insurance Agents, Brokers and Solicitors
Section 59A-12-14 Special requirements as to solicitors.
59A-12-14. Special requirements as to solicitors.
A. A solicitor shall not be appointed or licensed concurrently as to more than one agent.
B. The solicitor's license shall cover all kinds of insurance for which the appointing agent is licensed, except that a solicitor may be separately licensed as to life insurance or health insurance, or both.
C. A solicitor shall not concurrently be licensed as agent except as to life and health insurance if not so licensed as a solicitor.
D. The transactions of a solicitor under his license shall be in the name of the appointing agent, and the agent shall be responsible for the acts or omissions of the solicitor within the scope of the appointment.
E. The solicitor shall maintain in the office of the agent all records of his transactions.
History: Laws 1984, ch. 127, 215.
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