In addition to provisions generally applicable, the following provisions of the Insurance Code shall also apply as to surplus line brokers:

1. A. Section 210 [209] [59A-12-8 NMSA 1978[repealed]] (controlled business);
2. B. Section 218 [59A-12-17 NMSA 1978] (scope of license); and
3. C. Section 223 [59A-12-22 NMSA 1978] (fiduciary funds).

History: Laws 1984, ch. 127, § 255.

ANNOTATIONS

Bracketed material. — The bracketed material was inserted by the compiler and it is not part of the law. The reference to § 210 of the Insurance Code is apparently incorrect. The section dealing with controlled business is § 209 compiled as 59A-12-8 NMSA 1978. Section 210, compiled as 59A-12-9 NMSA 1978, provides a limitation on the construction of § 209.

Laws 2016, ch. 89, § 70 repealed 59A-12-8 NMSA 1978, effective July 1, 2017. For provisions of former section, see the 2016 NMSA 1978 on NMOneSource.com.

Cross references. — For the Insurance Code, see 59A-1-1 NMSA 1978 and notes thereto.