§ 55-506

Penalties

Any person who willfully violates §§ 55-478, 55-481, 55-482, 55-485, 55-487, 55-498, 55-504, or any rule adopted under, or order issued pursuant to § 55-502, or any person who willfully in an application for registration makes any untrue statement of a material fact or omits to state a material fact, shall be guilty of a misdemeanor and may be fined not less than $ 1,000 or double the amount of gain from the transaction, whichever is the larger, but not more than $ 50,000; or he may be imprisoned for not more than 6 months; or both, for each offense.

History

1982, c. 277.

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