Statutes > New Mexico Statutes > Chapter 56 - Commercial Instruments and Transactions. > Article 6 - Warehousing of Agricultural Products, 56-6-1 through 56-6-11. > Section 56-6-9 - Issuance of receipts without complying with act; penalty.

Section 56-6-9 - Issuance of receipts without complying with act; penalty.

56-6-9. [Issuance of receipts without complying with act; penalty.]

Any warehouseman, or any officer, agent or servant of a warehouseman, who issues or aids in issuing a receipt for such agricultural products without complying with the provisions of this act [56-6-1 to 56-6-11 NMSA 1978] shall be guilty of a felony, and upon conviction shall be punished for each offense by imprisonment not exceeding three years or by a fine not exceeding five thousand dollars [($5,000)], or both.