2020 New Mexico Statutes
Chapter 59A - Insurance Code
Article 11 - Licensing Procedures for Producers and Others
Section 59A-11-1 - Scope of article.
A. Chapter 59A, Article 11 NMSA 1978 provides procedures for licensing insurance producers, surplus line brokers and adjusters; agents of prepaid dental plans; agents of nonprofit health care plans; bail bondsmen and their solicitors; registration of motor club representatives; licensing of insurance securities salespersons; and applications for, qualifying examinations, and issuance of, duration, continuation, and termination of all such licenses and registrations. For the purposes of that article, all such licenses and registrations are referred to as "licenses".
B. Chapter 59A, Article 11 NMSA 1978 shall also apply to all additional categories of persons operating in insurance fields and related fields as administrators, consultants, appraisers, or in whatever similar capacity, under laws now or hereafter enacted, the licensing and supervision of whom is delegated to the superintendent.
C. Definitions, requirement of licenses, qualifications for license, and other requirements and provisions as to insurance producers, adjusters, bail bondsmen and their solicitors, motor club representatives, and other categories referred to in Subsection B of this section, shall be as provided in subsequent articles in the Insurance Code now or hereafter respectively dealing with such categories; provided that "insurance producer" means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance.
History: Laws 1984, ch. 127, § 180; 2016, ch. 89, § 11.
ANNOTATIONSCross references. — For the Insurance Code, see 59A-1-1 NMSA 1978 and notes thereto.
The 2016 amendment, effective July 1, 2017, defined "insurance producer" and replaced "agents", "solicitors", and "brokers" with "insurance producers"; in Subsection A, deleted "This article" and added "Chapter 59A, Article 11 NMSA 1978", after "provides", deleted "as to", after "procedures", deleted "in" and added "for", after "licensing insurance", deleted "agents, solicitors, brokers" and added "producers", after "plans; agents", deleted "and solicitors", after "bail bondsmen and", added "their", and after "For the purposes of", deleted "this" and added "that"; in Subsection B, deleted "This article" and added "Chapter 59A, Article 11 NMSA 1978", after "shall also apply", deleted "as", and after "of whom is delegated", deleted "by such laws"; and in Subsection C, after "provisions as to", deleted "such agents, solicitors, brokers" and added "insurance producers", after "referred to in Subsection B", deleted "above" and added "of this section", and after "dealing with such categories", added the remainder of the subsection.
Severability. — Laws 2016, ch. 89, § 71 provided that if any part or application of Laws 2016, ch. 89 is held invalid, the remainder or its application to other situations or persons shall not be affected.
