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58-3315. Penalties.

58-3315

Chapter 58.--PERSONAL AND REAL PROPERTY
Part 6.--MISCELLANEOUS PROVISIONS
Article 33.--UNIFORM LAND SALES PRACTICES ACT

      58-3315.   Penalties.Any person who willfully violates any provision of this act or of a ruleadopted under it or any person who willfully, in an application forregistration makes any untrue statement of a material fact or omits tostate a material fact is guilty of a felony and may be fined not less thanone thousand dollars ($1,000) or double the amount of gain from thetransaction, whichever is the larger but not more than fifty thousanddollars ($50,000); or such person may be imprisoned for not more than three (3)years; or both.

      History:   L. 1967, ch. 311, § 15; July 1.

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