Section 53-8-86.1 - Fees of secretary of state; dishonored check; civil penalty; suspension of filing.

NM Stat § 53-8-86.1 (2019) (N/A)
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A. Any person or corporation that pays a fee by check to the secretary of state, which check is dishonored upon presentation, is liable to the secretary for such fees together with a civil penalty of twenty dollars ($20.00) for each such check.

B. The secretary of state shall not accept for filing any document, instrument or paper from a person or corporation that is liable to the secretary for a fee, tax, penalty or interest until that liability is discharged.

History: 1978 Comp., § 53-8-86.1, enacted by Laws 1979, ch. 180, § 3; 1993, ch. 311, § 9; 2015, ch. 66, § 9.

The 2015 amendment, effective July 1, 2015, authorized the secretary of state to suspend filing privileges for any person or corporation that is liable to the secretary of state for a fee, tax or penalty until the liability is discharged; in the catchline, deleted "state corporation commission" and added "secretary of state" and added "suspension of filing"; designated the existing language in the section as Subsection A; in Subsection A, after "corporation", deleted "who" and added "that", after "check to the", deleted "state corporation commission and" and added "secretary of state", and after "liable to the", deleted "commission" and added "secretary"; and added Subsection B.

The 1993 amendment, effective July 1, 1993, substituted "twenty dollars ($20.00)" for "ten dollars ($10.00)".