Any person who violates any provision of this act [76-16-1 to 76-16-9 NMSA 1978] or lawful rule or regulation made pursuant hereto, shall be guilty of a misdemeanor and upon conviction shall be fined not more than five hundred dollars [($500)] or be imprisoned not more than one year, or both. History: Laws 1939, ch. 215, § 9; 1941 Comp., § 48-1909; 1953 Comp., § 45-18-9.