{"data":{"id":"us-nm/59a-15-10","jurisdiction":"us-nm","citation":"59A-15-10","heading":"Penalty for violation.","body":"Any unauthorized insurer which transacts in this state any insurance business in violation of the Insurance Code shall be subject to fine of not to exceed twenty thousand dollars ($20,000) for each such violation.","path":["Chapter 59A - Insurance Code","ARTICLE 15 Unauthorized Insurers"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18562/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"c82470f950ad05ba68e1c90174d882c44c19f3be32aacc821d0bd31e1c4ce576","source_id":"us-nm","stale":false,"prev":"us-nm/59a-15-9","next":"us-nm/59a-15-11"},"notice":"GroundRules: Original legal text. Not legal advice."}