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§ 59a-11a-5 — New Mexico Law | CourtGPT
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  5. Article 11a - Insurance Consultants/
  6. § 59a-11a-5
New Mexico Legal Code

§ 59a-11a-5

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No contract or agreement with an insurance consultant for any advice, counsel, recomendation [recommendation] or other information provided within the scope of his license shall be enforceable by him unless: A. it is in writing and executed in duplicate by the person to be charged or his legal representative; B. the duplicate is delivered to or retained by the person to be charged when it is signed by him; C. it plainly specifies the amount of the fee paid or payable by the person to be charged and the services to be rendered by the insurance consultant; and D. it is in a form currently approved by the superintendent. History: Laws 1989, ch. 97, § 5. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and it is not part of the law.