N.M. Code R. § 16.61.7.6
The objective of Part 7 is to ensure that first-time or renewal applicants for a New Mexico real estate broker’s license are of good repute and competent to transact the business of a qualifying broker or associate broker in a manner that safeguards the interests of the public.
[16.61.7.6 NMAC - Rp, 16.61.7.6, NMAC, 1/1/2012]