Section 61-18A-6 - Penalty for violations.

61-18A-6. Penalty for violations.

A.     In addition to any other penalty, any person or any officer or director of any partnership, corporation or association conducting business as a collection agency or repossessor without first having been licensed pursuant to the Collection Agency Regulatory Act [61-18A-1 NMSA 1978] or who carries on such business after the revocation or expiration of any license which the director has refused to renew, is guilty of a fourth degree felony.   

B.     Any person violating any other provision of that act is guilty of a misdemeanor.