§ 6:1012 — Violations; criminal penalties; civil liability

Louisiana § 6:1012

• Jurisdiction: Louisiana
• Title 6: Banks and Banking

Text

A. A violation of any provision or requirement of this Chapter is a misdemeanor and shall be punishable by a fine of not less than two hundred and fifty dollars but not more than five hundred dollars, imprisonment for a term of not more than six months, or both. Each transaction in violation of any provision or requirement of this Chapter shall constitute a separate offense.
B. The commissioner, through an administrative action or the district attorney of any judicial district, may maintain an action to enjoin violations of this Chapter.
C. Costs and reasonable attorney fees shall be awarded to the commissioner or a district attorney in all injunctive actions when the commissioner or district attorney successfully enforces this Chapter.

Legislative History

Acts 1999, No. 1208, §1, eff. July 9, 1999.