New Mexico Administrative Code
Title 16 - OCCUPATIONAL AND PROFESSIONAL LICENSING
Chapter 61 - REAL ESTATE BROKERS
Part 5 - ERRORS AND OMISSIONS INSURANCE
Section 16.61.5.11 - BROKER COMPLIANCE

Universal Citation: 16 NM Admin Code 16.61.5.11
Current through Register Vol. 35, No. 18, September 24, 2024

Applicants for licensure, transfer, and renewal shall certify compliance with this rule by submitting along with the license, transfer, or renewal application a copy of a certificate from their insurance company certifying current coverage. The commission will not issue an active license to a first time applicant who fails to provide proof of current coverage, and the license of any active New Mexico broker who fails to provide a certificate certifying current errors and omissions coverage will not be renewed or transferred until such certificate is received in the commission office

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