New Mexico Statutes 50-10-6. [Penalties for violation.]
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Any person, firm or corporation violating this act N.M. Stat. Ann. § 50-10-1 to 50-10-6 shall be deemed guilty of a misdemeanor, and upon conviction thereof shall be punished by a fine not less than one hundred dollars ($100) nor more than one thousand dollars ($1,000), or by imprisonment from one day to ten days, or by both such fine and imprisonment, and each day of violation shall constitute a separate offense.
Terms Used In New Mexico Statutes 50-10-6
- Conviction: A judgement of guilt against a criminal defendant.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.