N.M. Stat. § 59A-11A-2
Insurance consultant license; exemptions.
Nothing in this act [59A-11A-1 to 59A-11A-8 NMSA 1978] shall be construed to:
A. prohibit the customary advice offered by a licensed insurance agent or adjuster;
B. apply to a person admitted to the practice of law or permitted to engage in the
practice of public accountancy in this state when the person is acting within the scope of
that practice; or
C. require licensure of or otherwise apply to a salaried employee of a group or its
service company as defined in the Group Self-Insurance Act [Chapter 52, Article 6
NMSA 1978].