Connecticut § 36b-51 (Formerly Sec. 36-467). Penalties.

Connecticut Statutes

§ 36b-51 — (Formerly Sec. 36-467). Penalties.

Connecticut·Title 36b Connecticut Securities Law and Business Opportunity Investment Act·Ch. 672b The Connecticut Tender Offer Act

(a)Any person, including a controlling person of an offeror or target company, who violates any provision of sections 36b-40 to 36b-52, inclusive, or any regulation adopted under said sections or any order of which he has notice, shall be guilty of a class D felony. Each of the acts specified shall constitute a separate offense and a prosecution or conviction for any one of such offenses shall not bar prosecution or conviction for any other offense.

(b)Nothing in sections 36b-40 to 36b-52 , inclusive, shall limit the power of the state to punish any person for any conduct which constitutes a crime under any other statute.

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(a) Any person, including a controlling person of an offeror or target company, who violates any provision of sections 36b-40 to 36b-52, inclusive, or any regulation adopted under said sections or any order of which he has notice, shall be guilty of a class D felony. Each of the acts specified shall constitute a separate offense and a prosecution or conviction for any one of such offenses shall not bar prosecution or conviction for any other offense. (b) Nothing in sections 36b-40 to 36b-52 , inclusive, shall limit the power of the state to punish any person for any conduct which constitutes a crime under any other statute.

Connecticut § 36b-51 ((Formerly Sec. 36-467). Penalties.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 76-362, S. 12, 14; P.A. 13-258, S. 99.) History: Sec. 36-347 l transferred to Sec. 36-467 in 1979; Sec. 36-467 transferred to Sec. 36b-51 in 1995; P.A. 13-258 amended Subsec. (a) to change penalty from fine of not more than $5,000 or imprisonment of not more than 5 years to a class D felony and make technical changes.