Connecticut Statutes
§ 36b-28 — (Formerly Sec. 36-497). Penalties.
Connecticut·Title 36b Connecticut Securities Law and Business Opportunity Investment Act·Ch. 672a Uniform Securities Act
(a)Any person who wilfully violates any provision of subsection (a) of section 36b-4 or subsection (a) or (f) of section 36b-5 shall be fined not more than ten thousand dollars or imprisoned for not more than ten years, or both.
(b)Any person who wilfully violates any other provision of sections 36b-2 to 36b-34 , inclusive, shall be fined not more than three thousand five hundred dollars or imprisoned for not more than two years, or both.
(c)No information may be returned under sections 36b-2 to 36b-34 , inclusive, more than five years after the alleged violation.
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Legislative History
(P.A. 77-482, S. 29; P.A. 96-192, S. 7; P.A. 10-141, S. 23; P.A. 13-258, S. 16.) History: Sec. 36-497 transferred to Sec. 36b-28 in 1995; P.A. 96-192 amended Subsec. (a) to substitute “subsection (a) of section 36b-4 or subsection (a) or (f) of section 36b-5” for “section 36b-4 or 36b-5”; P.A. 10-141 amended Subsecs. (b) and (c) by replacing references to Sec. 36b-33 with references to Sec. 36b-34, effective June 7, 2010; P.A. 13-258 amended Subsec. (a) to make a technical change and amended Subsec. (b) to change maximum fine from $2,000 to $3,500. Annotation to former section 36-497: Cited. 178 C. 145. Annotation to present section: Cited. 233 C. 304.