55-79.103 - Penalties. - Virginia Statutes

§ 55-79.103. Penalties.

Any person who willfully violates any provision of §§ 55-79.87, 55-79.88,55-79.89, 55-79.90, 55-79.93, 55-79.94, 55-79.95, or any rule adopted underor order issued pursuant to § 55-79.98, or any person who willfully in anapplication for registration makes any untrue statement of a material fact oromits to state a material fact shall be guilty of a misdemeanor and may befined not less than $1,000 or double the amount of gain from the transaction,whichever is the larger but not more than $50,000; or he may be imprisonedfor not more than 6 months; or both, for each offense.

(1974, c. 416.)