Delaware Statutes
§ 73-503 — Statute of limitations
(a)In any administrative, civil or criminal action brought by the Director seeking registration suspension or revocation, fines, costs, restitution or imprisonment, no more than 5 years shall have passed from the date of the violation to the date of the initiation of the proceeding.
(b)This 5-year limit shall not apply to registration denial proceedings.
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Legislative History
68 Del. Laws, c. 181, § 23 ; 78 Del. Laws, c. 175, §§ 114, 118 ; 79 Del. Laws, c. 182, § 3
Nearby Sections
15
§ 73-101
Short title; purpose§ 73-102
Administration of chapter§ 73-103
Definitions§ 73-104
False and misleading filings§ 73-206
Stop orders§ 73-207
Exemptions§ 73-208
Federal covered securities