N.M. Admin. Code § 19.30.8.10

Current through Register Vol. 35, No. 24, December 23, 2024

Section 19.30.8.10 - OUTFITTER INSURANCE REQUIREMENTS

A. An outfitter applicant shall submit with their application a certificate of commercial liability insurance of at least $500,000 from an insurance company stating they will insure the applicant for the current license year.

B. A copy of the insurance certificate that indicates who is insured, effective dates, policy number and amounts of coverage, must be provided to the department upon issuance by the insurer and prior to engaging in any outfitting activity.

C. Failure to provide proof of coverage during the registration period shall result in suspension of the registration for the period in which such insurance is required to be maintained.

(1) If an outfitter applicant or a registered outfitter fails to submit a copy of a valid insurance certificate before the insurance certificate on file with the department expires, the non-compliance notice will be sent to the outfitter by the department. The outfitter shall be required to submit a copy of a valid insurance certificate and a $50 administrative fee. No outfitter will be registered until the administrative fee has been paid in full.

(2) If the outfitter fails to comply with the non-compliance notice; the department shall issue the outfitter a notice of contemplated commission action. The outfitter shall then be required to submit a copy of a valid insurance certificate and a $250 administrative fee. No outfitter will be registered until the administrative fee has been paid in full.

(3) If the insurance is not in effect, at any time while conducting any outfitting activity as defined herein, the outfitter's registration will be declared void and the outfitter's registration shall be suspended until a valid insurance certificate and administrative fees are satisfied.

N.M. Admin. Code § 19.30.8.10

19.30.8.10 NMAC - Rp, 19.30.8.10 NMAC, 11/30/2011, Adopted by New Mexico Register, Volume XXVIII, Issue 23, December 12, 2017, eff. 1/1/2018