55-506 - Penalties. - Virginia Statutes

§ 55-506. Penalties.

Any person who willfully violates §§ 55-478, 55-481, 55-482, 55-485, 55-487,55-498, 55-504, or any rule adopted under, or order issued pursuant to §55-502, or any person who willfully in an application for registration makesany untrue statement of a material fact or omits to state a material fact,shall be guilty of a misdemeanor and may be fined not less than $1,000 ordouble the amount of gain from the transaction, whichever is the larger, butnot more than $50,000; or he may be imprisoned for not more than 6 months; orboth, for each offense.

(1982, c. 277.)