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Current as of January 01, 2024 | Updated by Findlaw Staff
An amount equal to the value of anything transferred or received in violation of the provisions of the Procurement Code by a transferor and transferee may be imposed as a civil penalty upon both the transferor and transferee. The civil penalty provided for in this section is imposed in addition but pursuant to the terms and conditions of Section 169 of the Procurement Code.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 13. Public Purchases and Property § 13-1-197. Recovery of value transferred or received; additional civil penalty - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-13-public-purchases-and-property/nm-st-sect-13-1-197/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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