SECTION 55-506. Penalties


Any person who willfully violates §§ 55-478 , 55-478 , 55-478 , 55-478 , 55-478 , 55-478 , 55-478 , or any rule adopted under, or order issued pursuant to § 55-478 , or any person who willfully in an application for registration makes any 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 or double the amount of gain from the transaction, whichever is the larger, but not more than $50,000; or he may be imprisoned for not more than 6 months; or both, for each offense.

1982, c. 277.