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Current as of January 01, 2024 | Updated by Findlaw Staff
A. At the time of filing a self-service storage insurance producer license application, the applicant shall establish a list of the names of all employees and authorized representatives whose duties may include offering and selling self-service storage insurance. The list shall be:
(1) maintained by the licensee in a form prescribed by the superintendent;
(2) updated annually; and
(3) retained by the self-service storage facility for three years and made available to the superintendent for review and inspection upon request.
B. An employee or authorized representative of a self-service storage insurance producer who is at least eighteen years of age and has been trained pursuant to Section 8 of the Self-Service Storage Insurance Act may act on behalf and under the supervision of the self-service storage insurance producer in matters relating to the conduct of business under that producer's license.
C. An employee or authorized representative of a self-service storage insurance producer may sell, solicit and offer self-service storage insurance to occupants and shall not be subject to licensure as an insurance producer.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 59A. Insurance Code § 59A-62-6. Authorized employees and representatives - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-59a-insurance-code/nm-st-sect-59a-62-6/
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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