N.M. Stat. § 59A-12C-5
Disclosure.
The broker, prior to the effective date of the policy, shall deliver written notice to the
prospective insured disclosing the relationship between the broker and the controlled
insurer; except that, if the business is placed through a subbroker who is not a
controlling broker, the controlling broker shall retain in his records a signed commitment
from the subbroker that the subbroker is aware of the relationship between the insurer
and the broker and that the subbroker has or will notify the insured.