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Current as of January 01, 2024 | Updated by Findlaw Staff
Any officer, agent or employee of any firm or corporation, or any other person who knowingly authorizes or assists in the publication, advertising, distribution or circulation of any false statement or representation concerning any subdivided land offered for sale or lease, and any person, firm or corporation who, with knowledge that any written statement relating to the subdivided land is false or fraudulent, issues, circulates, publishes or distributes it in this state, is guilty of a felony and shall be punished by imprisonment for not more than five years, or by a fine of not more than one hundred thousand dollars ($100,000), or both.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 47. Property Law § 47-5-6. Fraud; penalty - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-47-property-law/nm-st-sect-47-5-6/
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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