If the superintendent finds that one or more causes exist for the suspension, revocation or refusal to continue any license issued under this article the superintendent may, in his discretion, in lieu of such suspension, revocation or refusal, or in connection with any administrative monetary penalty imposed, place the offending licensee on probation for a period not to exceed two (2) years, as specified by the superintendent in his order.
History: Laws 1984, ch. 127, ยง 944.
Structure New Mexico Statutes
Article 51 - Bail Bondsmen Licensing
Section 59A-51-1 - Short title.
Section 59A-51-2 - Definitions.
Section 59A-51-3 - License required; exemption.
Section 59A-51-4 - Qualifications for license.
Section 59A-51-4.1 - Educational requirements.
Section 59A-51-5 - Application for license.
Section 59A-51-6 - Licensing fees.
Section 59A-51-7 - Examination for license.
Section 59A-51-8 - Bonding requirements, property bondsmen.
Section 59A-51-9 - Issuance, refusal of license.
Section 59A-51-10 - Duration, continuation, expiration of license.
Section 59A-51-11 - Return of license; property bondsman notice to courts.
Section 59A-51-12 - Appointment or termination of solicitors.
Section 59A-51-13 - Practices.
Section 59A-51-13.1 - Premium rates.
Section 59A-51-14 - Denial, suspension, revocation or refusal to continue license.
Section 59A-51-15 - Duration of suspension; relicensing after revocation.
Section 59A-51-16 - Administrative fine in lieu.