There is a newer version of the New Mexico Statutes
2013 New Mexico Statutes
Chapter 59A - Insurance Code
Article 35 - Sale of Insurance Securities
Section 59A-35-18 - Penalty for violation. (1984)
NM Stat § 59A-35-18 (2013) What's This?
59A-35-18. Penalty for violation. (1984)
Any person violating any of the following provisions of this article shall upon conviction thereof be guilty of a felony punishable by a fine of not less than five hundred dollars ($500) or more than twenty thousand dollars ($20,000):
A. Section 595 [59A-35-6 NMSA 1978] (registration of security, permit required);
B. Subsection B of Section 600 [59A-35-11 NMSA 1978] (terms of permit; compliance);
C. Section 601 [59A-35-12 NMSA 1978] (permit as inducement);
D. Section 602 [59A-35-13 NMSA 1978] (public announcements of offering); and
E. Section 605 [59-35-16 NMSA 1978] (securities salesmen, license required).
History: Laws 1984, ch. 127, § 607.
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