N.M. Admin. Code § 13.19.2.11

Current through Register Vol. 35, No. 21, November 5, 2024
Section 13.19.2.11 - NONRESIDENT SURPLUS LINES BROKERS

A licensed nonresident agent or broker may also be licensed as a surplus lines broker in order to place exportable surplus lines coverage with a risk retention group or on behalf of a risk purchasing group. A nonresident surplus line broker shall be subject to the requirements of Section 59A-14-10 NMSA 1978.

N.M. Admin. Code § 13.19.2.11

1/1/99; Recompiled 11/30/01