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Current as of January 01, 2024 | Updated by Findlaw Staff
Applicants for license as bail bondsman or solicitor pursuant to the provisions of the Bail Bondsmen Licensing Law shall:
A. be an individual not less than eighteen years of age;
B. be a high school graduate or have passed a high school equivalency examination;
C. not be a law enforcement, adjudication, jail, court or prosecution official or an employee thereof or an attorney, official authorized to admit to bail or state or county officer;
D. if for license as bondsman, pass a written examination testing the applicant's knowledge and competence to engage in the bail bondsman business;
E. be of good personal and business reputation;
F. if to act as a property bondsman, be financially responsible and provide the surety bond or deposit in lieu thereof as required in accordance with Section 59A-51-8 NMSA 1978;
G. if to act as a limited surety agent, be appointed by an authorized surety insurer; and
H. if for license as a solicitor, have been so appointed by a licensed bail bondsman subject to issuance of the solicitor license.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 59A. Insurance Code § 59A-51-4. Qualifications for license - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-59a-insurance-code/nm-st-sect-59a-51-4/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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