Any warehouseman, or any officer, agent or servant of a warehouseman, who issues or aids in issuing a receipt for such agricultural products without complying with the provisions of this act [56-6-1 to 56-6-11 NMSA 1978] shall be guilty of a felony, and upon conviction shall be punished for each offense by imprisonment not exceeding three years or by a fine not exceeding five thousand dollars [($5,000)], or both.
History: Laws 1941, ch. 145, § 9; 1941 Comp., § 53-909; 1953 Comp., § 50-9-9.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 78 Am. Jur. 2d Warehouses §§ 42, 60, 288, 305.
93 C.J.S. Warehousemen and Safe Depositaries §§ 18, 86.
Structure New Mexico Statutes
Chapter 56 - Commercial Instruments and Transactions
Article 6 - Warehousing of Agricultural Products
Section 56-6-2 - [License to store agricultural products; issuance upon application; contents; fee.]
Section 56-6-3 - [Bond; filing; approval; conditions; effect of termination.]
Section 56-6-4 - [Numbering of licenses; display.]
Section 56-6-5 - [Insurance required.]
Section 56-6-6 - [Action for breach of obligation secured by bond.]
Section 56-6-7 - [Revocation of license; procedure.]
Section 56-6-8 - [Negotiable receipts to bear endorsement regarding insurance.]
Section 56-6-9 - [Issuance of receipts without complying with act; penalty.]
Section 56-6-10 - [Exemption of farmer's marketing associations.]