2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 51 - Bail Bondsmen Licensing
Section 59A-51-4 - Qualifications for license.

Universal Citation: NM Stat § 59A-51-4 (2017)

59A-51-4. Qualifications for license.

Applicants for license as bail bondsman or solicitor pursuant to the provisions of the Bail Bondsmen Licensing Law shall:

A. be an individual not less than eighteen years of age;

B. be a citizen of the United States;

C. be a high school graduate or have passed a high school equivalency examination;

D. not be a law enforcement, adjudication, jail, court or prosecution official or an employee thereof or an attorney, official authorized to admit to bail or state or county officer;

E. if for license as bondsman, pass a written examination testing the applicant's knowledge and competence to engage in the bail bondsman business;

F. be of good personal and business reputation;

G. if to act as a property bondsman, be financially responsible and provide the surety bond or deposit in lieu thereof as required in accordance with Section 59A-51-8 NMSA 1978;

H. if to act as a limited surety agent, be appointed by an authorized surety insurer; and

I. if for license as a solicitor, have been so appointed by a licensed bail bondsman subject to issuance of the solicitor license.

History: Laws 1984, ch. 127, 931; 1999, ch. 272, 25; 1999, ch. 289, 38; 2005, ch. 259, 2; 2014, ch. 21, 2.

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