Connecticut § 36b-73 (Formerly Sec. 36-516). Penalties.

Connecticut Statutes

§ 36b-73 — (Formerly Sec. 36-516). Penalties.

Connecticut·Title 36b Connecticut Securities Law and Business Opportunity Investment Act·Ch. 672c Business Opportunity Investment Act

(a)Any person who wilfully violates any provision of subdivision (6) of section 36b-67 shall be fined for each violation a maximum of twenty-five thousand dollars or imprisoned for not more than ten years, or both.

(b)Any person who wilfully violates any other provision of sections 36b-60 to 36b-80 , inclusive, shall be fined for each violation a maximum of three thousand five hundred dollars or imprisoned for not more than two years, or both.

(c)No information may be returned under sections 36b-60 to 36b-80 , inclusive, more than five years after the alleged violation.

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(a) Any person who wilfully violates any provision of subdivision (6) of section 36b-67 shall be fined for each violation a maximum of twenty-five thousand dollars or imprisoned for not more than ten years, or both. (b) Any person who wilfully violates any other provision of sections 36b-60 to 36b-80 , inclusive, shall be fined for each violation a maximum of three thousand five hundred dollars or imprisoned for not more than two years, or both. (c) No information may be returned under sections 36b-60 to 36b-80 , inclusive, more than five years after the alleged violation.

Connecticut § 36b-73 ((Formerly Sec. 36-516). Penalties.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 79-458, S. 14, 19; P.A. 97-22, S. 18; P.A. 13-258, S. 17.) History: Sec. 36-516 transferred to Sec. 36b-73 in 1995; P.A. 97-22 made technical changes in Subsecs. (b) and (c); P.A. 13-258 amended Subsec. (b) to change maximum fine from $2,000 to $3,500 and made technical changes.