NMSA 1978, § 7-1-71 — Civil penalty for failure to collect and pay over tax

If any person required to collect and pay over any tax fails, neglects or refuses to
collect such tax or to account for and pay over such tax, he shall either pay the amount
of tax himself or he shall pay a penalty equal to the total amount of the tax not collected
or not accounted for and paid over, in either case in addition to other penalties provided
by law.