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2019 New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 13 - Pyramid or Multilevel Sales
Section 57-13-7 - Penalties.
Universal Citation:
NM Stat § 57-13-7 (2019)
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on the American Association of Law Libraries Universal Citation Guide and is not
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Any person violating the Pyramid Promotional Schemes Act shall be deemed guilty of a fourth degree felony and shall be sentenced to a term of imprisonment pursuant to the provisions of Subsections A through C of Section 31-18-15 NMSA 1978 or fined not less than one thousand dollars ($1,000) or more than ten thousand dollars ($10,000), or both.
History: 1953 Comp., § 50-20-7, enacted by Laws 1973, ch. 377, § 7; 1987, ch. 100, § 7.
ANNOTATIONSThe 1987 amendment, effective June 19, 1987, rewrote the section.
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