To meet the requirements of Section 59A-14-7 NMSA 1978, an applicant for a surplus lines broker license shall file, as part of the application, documentation showing a combination of the following factors totaling at least five years:

1. A. experience as a licensed agent in the kind of insurance for which the surplus lines broker license is sought;
2. B. continuing education units of a type and quantity sufficient to satisfy the requirements for renewal of an agent's license; and

3. C. any other special experience, education or training that the applicant offers to demonstrate that the applicant is reasonably competent to conduct surplus lines business in New Mexico.

   [7/1/97; Recompiled 11/30/01]

   HISTORY OF 13.4.4 NMAC:

   Pre-NMAC History: The material in this rule was originally filed with the State Records Center as ID 67-1, Sections 5-4-1, 5-4-4, and 5-4-14 through 5-4-16, New Mexico Official Administrative Rules and Regulations Code, filed 12/1/67.

   History of Repealed Material: [RESERVED]