Penalties

NMSA 1978, § 59A-55-15 — under Article 55.

NMSA 1978, § 59A-55-15

A risk retention group that violates any provision of the Risk Retention and Purchasing Group Act shall be subject to fines and penalties, including revocation of its right to do business in New Mexico, applicable to licensed insurers generally. History: Laws 1988, ch. 125, § 15.