West Virginia Statutes
§ 32B-2-4 — Criminal penalties
West Virginia § 32B-2-4
JurisdictionWest Virginia
Ch. 32BTHE WEST VIRGINIA COMMODITIES ACT
Art. 2ADMINISTRATION AND ENFORCEMENT
This text of West Virginia § 32B-2-4 (Criminal penalties) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
W. Va. Code § 32B-2-4 (2026).
Text
(a)Any person who willfully violates:
(1)Any provision of this chapter; or
(2)Any rule or order of the commissioner under this chapter shall, upon conviction of each violation, be fined not more than $20,000 or imprisoned at a state correctional facility not more than ten years, or both.
(b)Any person convicted of violating a rule or order under this chapter may be fined but not imprisoned if the person proves that he or she had no knowledge of the rule or order.
(c)The commissioner may refer any evidence concerning violations of this chapter or any rule or order of the commissioner to the United States attorney or the appropriate county prosecuting attorneys, who may, with or without a reference from the commissioner, institute the appropriate criminal proceedings under this chap
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Legislative History
1999 Reg. Sess., SB638
Nearby Sections
15
§ 32B-1-1
Definitions§ 32B-1-2
Unlawful commodity transactions§ 32B-1-3
Exempt person transactions§ 32B-1-4
Exempt transactions§ 32B-1-5
Unlawful commodity activities§ 32B-1-6
Fraudulent conduct§ 32B-1-8
Securities laws unaffected§ 32B-1-9
Purpose§ 32B-2-1
Investigations§ 32B-2-10
Procedure for entry of an order§ 32B-2-11
Judicial review of orders§ 32B-2-12
Pleading exemptions§ 32B-2-13
Affirmative defense§ 32B-2-2
Enforcement of chapterCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 32B-2-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/32B/32B-2-4.