A. A person who intentionally makes a false statement, misrepresentation or false certification in a record filed or required to be maintained pursuant to the Uniform Money Services Act or who intentionally makes a false entry or omits a material entry in such a record is guilty of a fourth degree felony.
B. A person who knowingly engages in an activity for which a license is required pursuant to the Uniform Money Services Act without being licensed pursuant to that act and who receives more than two thousand five hundred dollars ($2,500) in compensation within a thirty-day period from this activity is guilty of a fourth degree felony.
C. A person who knowingly engages in an activity for which a license is required pursuant to the Uniform Money Services Act without being licensed pursuant to that act and who receives two thousand five hundred dollars ($2,500) or less in compensation within a thirty-day period from this activity is guilty of a misdemeanor.
History: Laws 2016, ch. 88, § 807.
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.