2006 New Mexico Statutes - Section 58-15-23 — Violation of general usury laws.

58-15-23. Violation of general usury laws.

The wilful violation by any licensee or by any officer, manager, director, trustee, executive or employee directly engaged in operating a small loan office under the provisions of this act of any usury statute of this state within any office, room or place of business in which the making of loans as a licensee is solicited or engaged [in] or in association or conjunction therewith shall be ground for suspension and revocation of license in accordance with the procedures applicable thereto as set forth herein.