Any person who acts as an insurance consultant without a license or during the suspension of his license is guilty of a misdemeanor and upon conviction shall be punished by a fine of not more than five hundred dollars ($500) or by imprisonment in the county jail for a definite term not exceeding six months or both.
History: Laws 1989, ch. 97, ยง 8.
Structure New Mexico Statutes
Article 11A - Insurance Consultants
Section 59A-11A-1 - Insurance consultant; license required.
Section 59A-11A-2 - Insurance consultant license; exemptions.
Section 59A-11A-4 - Insurance consultant license; suspension or revocation; appeal; penalty.
Section 59A-11A-5 - Insurance consultants; contracts and agreements.
Section 59A-11A-6 - Insurance consultant; required acknowledgments.
Section 59A-11A-8 - Acting as insurance consultant without a license prohibited; penalty.