N.M. Stat. § 59A-11A-5

Insurance consultants; contracts and agreements.

Last amended: 1989Year: 2026Length: 109 wordsOfficial source
No contract or agreement with an insurance consultant for any advice, counsel, recomendation [recommendation] or other information provided within the scope of his license shall be enforceable by him unless: A. it is in writing and executed in duplicate by the person to be charged or his legal representative; B. the duplicate is delivered to or retained by the person to be charged when it is signed by him; C. it plainly specifies the amount of the fee paid or payable by the person to be charged and the services to be rendered by the insurance consultant; and D. it is in a form currently approved by the superintendent.
N.M. Stat. § 59A-11A-5: Insurance consultants; contracts and agreements. | Justis AI