§ 18-5-313 — False statement or misrepresentation; penalty

Any person who knowingly authorizes, directs or aids in the
publication, advertisement, distribution or circulation of any
false statement or misrepresentation concerning any subdivision
for sale in this or any other state, and every person with
knowledge that any such advertisement, prospectus, pamphlet or
letter concerning land or any subdivision thereof contains any
written statement that is false or fraudulent in any material
part or who issues, circulates, publishes or distributes the
same or causes the same to be circulated, published or
distributed shall upon conviction be imprisoned for a period not
to exceed thirty (30) days or be fined not to exceed five
hundred dollars ($500.00). Each day of violation constitutes a
new offense.