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.

   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 12/1/1967.

   History of Repealed Material: [RESERVED]

   Other history of 13.4.4 NMAC:

   13.4.4 NMAC - Surplus Lines Brokers, filed 11/30/2001 was repealed and replaced by 13.4.4 NMAC - Surplus Lines Brokers, effective 4/1/2025.

[13.4.4.9 NMAC – Rp, 13.4.4.9 NMAC, 4/1/2025]