2019 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 21 - Mortgage Loan Companies
Section 58-21-22 - Penalties.

Universal Citation: NM Stat § 58-21-22 (2019)

A person who violates Section 58-21-18, 58-21-19, 58-21-20 or 58-21-21 NMSA 1978, knowing the statement to be false or misleading in any respect, is guilty of a fourth degree felony and upon conviction shall be sentenced as provided for in Section 31-18-15 NMSA 1978. Civil and criminal penalties are in addition to any remedies available at common law.

History: Laws 1983, ch. 86, § 22; 2001, ch. 251, § 13; 2001, ch. 264, § 13; 2009, ch. 122, § 44.

ANNOTATIONS

The 2009 amendment, effective July 31, 2009, deleted Sections 58-21-3 and 58-21-20 NMSA 1978; added Section 58-21-20 NMSA 1978 and after "any", deleted "material".

Severability. — Laws 2009, ch. 122, § 60 provided that if any part or application of this act is held invalid, the remainder or its application to other situations or persons shall not be affected.

The 2001 amendment, effective July 1, 2001, updated the internal references throughout the section; substituted "Section 31-18-15 NMSA 1978" for "the Criminal Sentencing Act"; and inserted "Civil and criminal penalties are in addition to any remedies available at common law.".

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