Penalty for violation.

Checkout our iOS App for a better way to browser and research.

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.

ANNOTATIONS

Am. Jur. 2d, A.L.R. and C.J.S. references. — 44 C.J.S. Insurance §§ 96, 97.


Download our app to see the most-to-date content.