New Mexico Statutes
§ 59A-40-9 — Licensed agents required
New Mexico § 59A-40-9
This text of New Mexico § 59A-40-9 (Licensed agents required) 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-40-9 (2026).
Text
The insurer shall write business in New Mexico only through its resident United States agents duly appointed by it in writing and duly licensed by the superintendent under provisions of the Insurance Code applicable to insurance agents of authorized insurers. The appointment of agents shall specifically authorize the licensee to write for the Mexican insurer the insurance coverages as specified in Chapter 59A, Article 40 NMSA 1978.
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Legislative History
Laws 1984, ch. 127, § 692; 1999, ch. 272, § 21; 1999, ch. 289, § 31.
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Repealed§ 59A-1-5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-40-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/59A/59A-40-9.