New Mexico Statutes
§ 59A-32A-7 — Rental car agent and endorsee prohibitions
New Mexico § 59A-32A-7
This text of New Mexico § 59A-32A-7 (Rental car agent and endorsee prohibitions) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 59A-32A-7 (2026).
Text
A rental car agent or endorsee shall not: A. offer, sell, bind, effect, solicit or negotiate the purchase of rental car insurance except in conjunction with and incidental to rental agreements; B. advertise, represent or otherwise portray itself or any of its employees or agents as licensed insurers or insurance producers; or C. pay any person, including a rental car endorsee, any compensation, fee or commission that is dependent solely on the placement of insurance under the license issued pursuant to the Rental Car Insurance Limited Producer License Act. Nothing in this section shall prohibit production payments or incentive payments to a person that are not dependent solely upon the sale of insurance.
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Legislative History
Laws 2001, ch. 94, § 7; 2016, ch. 89, § 64.
Nearby Sections
15
§ 59A-1-1
Short title§ 59A-1-10
"Person"; "individual"§ 59A-1-11
"State"§ 59A-1-12
Superintendent§ 59A-1-13
"Transacting insurance"§ 59A-1-14
Compliance required§ 59A-1-16
Exempted from code§ 59A-1-17
Particular provisions prevail§ 59A-1-18
General penalty§ 59A-1-2
Definitions§ 59A-1-3
"Insurance Code"§ 59A-1-4
Repealed§ 59A-1-5
"Insurance"Cite This Page — Counsel Stack
Bluebook (online)
New Mexico § 59A-32A-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/59A/59A-32A-7.