New Mexico § 59A-60-6 Penalties; suspension or revocation of license

New Mexico Statutes

§ 59A-60-6 — Penalties; suspension or revocation of license

New Mexico § 59A-60-6

Ch. 59AInsurance Code

Art. 60Portable Electronics Insurance

This text of New Mexico § 59A-60-6 (Penalties; suspension or revocation of license) 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-60-6 (2026).

Text

A person who violates any provision of the Portable Electronics Insurance Act may, after notice and hearing, be subject to: A. fines not to exceed one thousand dollars ($1,000) per violation and not to exceed a total of ten thousand dollars ($10,000); or B. as the superintendent deems necessary:

(1)suspension of the privilege of transacting portable electronics insurance at specific locations where violations have occurred; or (2) suspension or revocation of the ability of individual employees or authorized representatives of a vendor to act under the license.

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

A person who violates any provision of the Portable Electronics Insurance Act may, after notice and hearing, be subject to: A. fines not to exceed one thousand dollars ($1,000) per violation and not to exceed a total of ten thousand dollars ($10,000); or B. as the superintendent deems necessary: (1) suspension of the privilege of transacting portable electronics insurance at specific locations where violations have occurred; or (2) suspension or revocation of the ability of individual employees or authorized representatives of a vendor to act under the license.