NMSA 59A-11-16. Duration of suspension — United States — New Mexico law | Esheria

NMSA 59A-11-16. Duration of suspension

The superintendent must set the suspension period, which cannot exceed one year. During suspension, the licensee generally may not do license-required transactions, except limited premium receipt and remittance. The license may be reinstated on request unless the superintendent finds the problem is ongoing or likely to

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Jurisdiction
United States — New Mexico
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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license reinstatement license suspension licensing compliance

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Statute overview

About this statute

The superintendent must set the suspension period, which cannot exceed one year. During suspension, the licensee generally may not do license-required transactions, except limited premium receipt and remittance. The license may be reinstated on request unless the superintendent finds the problem is ongoing or likely to recur.