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§ 59a-15-10 — New Mexico Law | CourtGPT
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  6. § 59a-15-10
New Mexico Legal Code

§ 59a-15-10

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Any unauthorized insurer which transacts in this state any insurance business in violation of the Insurance Code shall be subject to fine of not to exceed twenty thousand dollars ($20,000) for each such violation. History: Laws 1984, ch. 127, § 265. ANNOTATIONSCross references. — For the Insurance Code, see 59A-1-1 NMSA 1978 and notes thereto.