Any person having possession or custody of and refusing to deliver to the superintendent or his representative upon request any of the property, books, accounts, documents or other records of an insurer against which a seizure order has been issued by the superintendent or by the court, as provided in Sections 743 through 748 [59A-41- 51 to 59A-41-56 N.M. Stat. Ann.] of this article, unless a greater monetary or other applicable penalty is provided by other law, is upon conviction thereof guilty of a misdemeanor punishable by a fine not to exceed five hundred dollars ($500).

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Terms Used In New Mexico Statutes 59A-41-57

  • Conviction: A judgement of guilt against a criminal defendant.