A. Before offering self-service storage insurance at a location, a self-service storage insurance producer shall provide the superintendent with a complete list of each location where the self-service storage insurance producer will offer self-service storage insurance. The supervising entity shall maintain a registry of each location at which a self-service storage insurance producer is authorized to sell, solicit or offer self-service storage insurance in this state.
B. The registry shall be made available for inspection by the superintendent upon reasonable request.
C. A self-service storage insurance producer shall notify the superintendent within thirty days after:
(1) engaging in the sale or solicitation of self-service storage insurance at any additional location in the state; or
(2) ceasing to sell, solicit or offer self-service storage insurance.
History: Laws 2019, ch. 219, § 4.
Effective dates. — Laws 2019, ch. 219, § 14 made Laws 2019, ch. 219 effective July 1, 2019.
Structure New Mexico Statutes
Article 62 - Self-Service Storage Insurance License
Section 59A-62-1 - Short title.
Section 59A-62-2 - Definitions.
Section 59A-62-3 - Self-service storage insurance producer license.
Section 59A-62-4 - Registry of authorized locations.
Section 59A-62-5 - Disclosure of terms.
Section 59A-62-6 - Authorized employees and representatives.
Section 59A-62-7 - Commissions.
Section 59A-62-8 - Required training programs.
Section 59A-62-9 - Collection of fees.