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

Connecticut Statutes

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

Connecticut § 36b-51

Title 36bConnecticut Securities Law and Business Opportunity Investment Act

Ch. 672bThe Connecticut Tender Offer Act

This text of Connecticut § 36b-51 ((Formerly Sec. 36-467). Penalties.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 36b-51 (2026).

Text

(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.

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.