The acts of the managing general agent are considered to be the acts of the insurer on whose behalf it is acting. A managing general agent may be examined as if it were the insurer.
History: 1978 Comp., § 59A-12B-6, enacted by Laws 1993, ch. 320, § 32.
Structure New Mexico Statutes
Article 12B - Managing General Agents
Section 59A-12B-1 - Short title.
Section 59A-12B-2 - Definitions.
Section 59A-12B-3 - Licensure.
Section 59A-12B-4 - Required contract provisions.
Section 59A-12B-5 - Duties of insurers.
Section 59A-12B-6 - Examination authority.