The director may assess a civil penalty against a person that violates the Uniform Money Services Act or a rule adopted or an order issued pursuant to that act in an amount not to exceed one thousand dollars ($1,000) per day for each day the violation is outstanding.
History: Laws 2016, ch. 88, § 806.
Effective dates. — Laws 2016, ch. 88, § 1007 makes Laws 2016, ch. 88 effective January 1, 2017.
Structure New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 32 - Uniform Money Services
Section 58-32-801 - Suspension and revocation; receivership.
Section 58-32-802 - Suspension and revocation of authorized delegates.
Section 58-32-803 - Orders to cease and desist.
Section 58-32-804 - Consent orders.
Section 58-32-805 - Emergency orders.
Section 58-32-806 - Civil penalties.