NMSA 59A-12-11. No license where shares or interest used as inducement — United States — New Mexico law | Esheria

NMSA 59A-12-11. No license where shares or interest used as inducement

The superintendent must not license or continue an insurance producer license if the applicant or licensee offers stock or ownership interests in an agency or brokerage as an inducement for buying insurance.

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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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insurance producers licensing

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