A. No person shall act as property bondsman, limited surety agent or solicitor, or perform any functions or duties or exercise any of the powers prescribed for bail bondsmen or solicitors in Chapter 59A, Article 51 NMSA 1978 unless such person is qualified and licensed as provided in that article.
B. Nothing in Chapter 59A, Article 51 NMSA 1978 shall be construed as to prevent any duly licensed and appointed agent of a surety insurer authorized to transact such business in this state from writing bail bonds for such insurer, and such agent shall be subject to and governed by all laws, rules and regulations relating to bail bondsmen under that article while engaged in the activities thereof.
C. Any bail bondsman licensed under the provisions of the Bail Bondsman Licensing Law shall be entitled to post bail bonds in any court in New Mexico subject to court rules regulating the posting of bonds in that court.
History: Laws 1984, ch. 127, § 930; 1987, ch. 228, § 3.
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.