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New Mexico · Through 2026-07-01

59A-11A-5: Insurance consultants; contracts and agreements.

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Where this section sits in the code
  1. Chapter 59A - Insurance Code
  2. ARTICLE 11A Insurance Consultants

No contract or agreement with an insurance consultant for any advice, counsel, recomendation [recommendation] or other information provided within the scope of his license shall be enforceable by him unless:

A. it is in writing and executed in duplicate by the person to be charged or his legal representative;

B. the duplicate is delivered to or retained by the person to be charged when it is signed by him;

C. it plainly specifies the amount of the fee paid or payable by the person to be charged and the services to be rendered by the insurance consultant; and

D. it is in a form currently approved by the superintendent.

Collected 2026-09-03T15:02:20Z. Source file · JSON

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