Examination of an applicant for license as bail bondsman shall be given and conducted by or under authorization of the superintendent and shall otherwise be subject to the provisions governing examination of applicants for license set forth in Article 11 [N.M. Stat. Ann. Chapter 59A, Article 11] (licensing procedures) of the Insurance Code.

Terms Used In New Mexico Statutes 59A-51-7

  • Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.