In addition to any penalties imposed pursuant to other provisions of this article, the district court of the county in which the violation occurred may, in an action filed by the superintendent, impose the following civil penalties:
A. for each violation of this article which the person knew or reasonably should have known was such a violation, a penalty of not more than five thousand dollars ($5,000) for each violation but not to exceed an aggregate penalty of fifty thousand dollars ($50,000) in any six-month period;
B. for each violation of this article which the person did not know nor reasonably should have known was such a violation, a penalty of not more than one thousand dollars ($1,000) for each violation but not to exceed an aggregate penalty of ten thousand dollars ($10,000) in any six-month period; and
C. for each violation of an order issued by the superintendent pursuant to Section 925 [59A-50-19 NMSA 1978] of this article, while such order is in effect, a penalty of not more than ten thousand dollars ($10,000).
History: Laws 1984, ch. 127, ยง 926.
Structure New Mexico Statutes
Section 59A-50-1 - Short title.
Section 59A-50-2 - Definitions.
Section 59A-50-3 - Certificate of authority required; fees.
Section 59A-50-4 - Requirements and application for certificate of authority.
Section 59A-50-5 - Issuance, refusal of certificate of authority; continuance or expiration.
Section 59A-50-6 - Additional security.
Section 59A-50-7 - Service contracts.
Section 59A-50-8 - Investigations, examinations.
Section 59A-50-9 - Suspension, revocation or refusal to continue certificate of authority.
Section 59A-50-10 - Name, trademarks, emblems.
Section 59A-50-11 - Violation hearings.
Section 59A-50-12 - Service of process; superintendent appointed attorney.
Section 59A-50-13 - Registered representatives required; qualifications for registration.
Section 59A-50-14 - Registration procedure and matters relating to registration of representatives.
Section 59A-50-15 - Motor club bound.
Section 59A-50-16 - Representing unauthorized motor club prohibited.
Section 59A-50-17 - Limitations upon advertising.
Section 59A-50-18 - Service contract and membership card.
Section 59A-50-19 - Administrative penalty.