{"data":{"id":"us-nm/59a-62-11","jurisdiction":"us-nm","citation":"59A-62-11","heading":"Penalties.","body":"After notice and hearing by the superintendent, the superintendent may impose by administrative penalty upon a person who violates a provision of the Self-Service Storage Insurance License Act the following:\nA. a fine not to exceed one thousand dollars ($1,000) per violation and not to exceed a total of ten thousand dollars ($10,000);\nB. suspension of transacting self-service storage insurance at specific locations where violations have occurred;\nC. suspension or revocation of the rights of individual employees or authorized representatives of a self-service storage insurance producer to act under the license; or\nD. suspension or revocation of the self-service storage insurance producer's or supervising entity's license to transact insurance in this state.","path":["Chapter 59A - Insurance Code","ARTICLE 62 Self-Service Storage Insurance License"],"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":"68495a44a6556be6b8612a0051cb48bef5b378d51e3935aed95aef4c6b39c755","source_id":"us-nm","stale":false,"prev":"us-nm/59a-62-10","next":"us-nm/59a-63-1"},"notice":"GroundRules: Original legal text. Not legal advice."}