Connecticut § 36a-617 (Formerly Sec. 36-580). Penalties for violations.

Connecticut Statutes

§ 36a-617 — (Formerly Sec. 36-580). Penalties for violations.

Connecticut·Title 36a The Banking Law of Connecticut·Ch. 668 Nondepository Financial Institutions

Any loan broker who knowingly violates any provision of sections 36a-615 to 36a-620, inclusive, or any regulation or order adopted or issued under said sections, shall be fined not more than one thousand dollars or imprisoned not more than one year, or both, for each violation. Each loan of money or extension of credit in which an advance fee was charged, imposed or caused to be paid shall constitute a separate violation.

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Any loan broker who knowingly violates any provision of sections 36a-615 to 36a-620, inclusive, or any regulation or order adopted or issued under said sections, shall be fined not more than one thousand dollars or imprisoned not more than one year, or both, for each violation. Each loan of money or extension of credit in which an advance fee was charged, imposed or caused to be paid shall constitute a separate violation.

Connecticut § 36a-617 ((Formerly Sec. 36-580). Penalties for violations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 92-67, S. 4, 9; P.A. 94-122, S. 286, 340.) History: P.A. 94-122 made technical changes, effective January 1, 1995; Sec. 36-580 transferred to Sec. 36a-617 in 1995.