New Mexico Statutes
§ 52-9-22 — Marketing
A.Pursuant to rules adopted by the board, the company, private independent insurance agents licensed to sell workers' compensation insurance in New Mexico and any insurance association acting as a general agent, provided the association has at least one hundred members, may sell insurance coverage for the company. The board shall establish a standard agency contract for any insurance association acting as a general agent with which the board contracts. The board shall adopt a schedule of commissions that the company will pay to any qualified independent insurance agent or association.
B.The marketing representatives employed directly by the company shall obtain a license from the superintendent of insurance. The marketing representatives employed directly by the company shall not be lice
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Legislative History
Laws 1990 (2nd S.S.), ch. 2, § 142.
Nearby Sections
15
§ 52-1-1
Short title§ 52-1-1.1
Definitions§ 52-1-10.1
Allocation of fault; reimbursement§ 52-1-12
Repealed§ 52-1-13
Termination of agreements§ 52-1-15
Employer§ 52-1-17
Dependents§ 52-1-18
Child