N.M. Stat. § 59A-15-10

Current through 2024, ch. 69

Section 59A-15-10 - Penalty for violation

Any unauthorized insurer which transacts in this state any insurance business in violation of the Insurance Code shall be subject to fine of not to exceed twenty thousand dollars ($20,000) for each such violation.

NMS § 59A-15-10

Laws 1984, ch. 127, § 265.