New Mexico § 59A-35-18 Penalty for violation

New Mexico Statutes

§ 59A-35-18 — Penalty for violation

New Mexico § 59A-35-18

Ch. 59AInsurance Code

Art. 35Sale of Insurance Securities

This text of New Mexico § 59A-35-18 (Penalty for violation) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 59A-35-18 (2026).

Text

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).

Free access — add to your briefcase to read the full text and ask questions with AI

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).