Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 57-13-7 - Penalties — New Mexico Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Mexico/
  4. Chapter 57 - Trade Practices and Regulations/
  5. Article 13 - Pyramid or Multilevel Sales/
  6. Section 57-13-7 - Penalties
New Mexico Legal Code

Section 57-13-7 - Penalties

Ask AI about this
Any person violating the Pyramid Promotional Schemes Act shall be deemed guilty of a fourth degree felony and shall be sentenced to a term of imprisonment pursuant to the provisions of Subsections A through C of Section 31-18-15 NMSA 1978 or fined not less than one thousand dollars ($1,000) or more than ten thousand dollars ($10,000), or both. History: 1953 Comp., § 50-20-7, enacted by Laws 1973, ch. 377, § 7; 1987, ch. 100, § 7. ANNOTATIONSThe 1987 amendment, effective June 19, 1987, rewrote the section.