New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 4 - LICENSING OF INSURANCE PROFESSIONALS
Part 2 - RESIDENT PRODUCERS AND OTHER RESIDENT LICENSES
Section 13.4.2.16 - REGISTRATION OF MOTOR CLUB REPRESENTATIVES
Universal Citation: 13 NM Admin Code 13.4.2.16
Current through Register Vol. 35, No. 18, September 24, 2024
A. Registration required. No individual shall represent a motor club in this state unless that person is registered with the superintendent by a motor club holding a current certificate of authority issued pursuant to Section 59A-5-1 NMSA 1978.
B. Qualifications for registration. An applicant for registration as a motor club representative shall, at a minimum:
(1) be at
least 18 years of age;
(2) be of
good personal and business reputation;
(3) not previously have had registration
refused or revoked;
(4) be suitable
and competent to act as such a representative; and
(5) intend in good faith to act and hold him-
or herself out as such a representative.
C. Procedures for registration.
(1) Applications for motor club
representative registrations are handled in the same manner as applications for
casualty insurance producer licenses, except that no examination is
required.
(2) Continuations,
terminations, denials, suspensions and cancellations of motor club
representative registrations are handled in the same manner as those for
insurance producer licenses as set forth in 13.4.2.27 and 13.4.2.28
NMAC.
(3) Fees for motor club
representative registrations and continuations are as set forth in Section
59A-6-1 et seq. NMSA
1978.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
