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2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 40 - Mexican Casualty Insurers
Section 59A-40-9 - Licensed agents required.
Universal Citation: NM Stat § 59A-40-9 (2017)
59A-40-9. Licensed agents required.
The insurer shall write business in New Mexico only through its resident United States agents duly appointed by it in writing and duly licensed by the superintendent under provisions of the Insurance Code applicable to insurance agents of authorized insurers. The appointment of agents shall specifically authorize the licensee to write for the Mexican insurer the insurance coverages as specified in Chapter 59A, Article 40 NMSA 1978.
History: Laws 1984, ch. 127, 692; 1999, ch. 272, 21; 1999, ch. 289, 31.
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