A person who violates any provision of the Portable Electronics Insurance Act may, after notice and hearing, be subject to: A. fines not to exceed one thousand dollars ($1,000) per violation and not to exceed a total of ten thousand dollars ($10,000); or B. as the superintendent deems necessary: (1) suspension of the privilege of transacting portable electronics insurance at specific locations where violations have occurred; or (2) suspension or revocation of the ability of individual employees or authorized representatives of a vendor to act under the license. History: Laws 2013, ch. 140, § 9. ANNOTATIONSEffective dates. — Laws 2013, ch. 140, § 14 made Laws 2013, ch. 140, § 9 effective July 1, 2013.
New Mexico Legal Code