SECTION 55.1-1989. Penalties


Any person who willfully violates any provision of § 55.1-1972 , 55.1-1972 , 55.1-1972 , 55.1-1972 , 55.1-1972 , 55.1-1972 , or 55.1-1972 or any regulation adopted under or order issued pursuant to § 55.1-1972 , 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 is 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 six months, or both, for each offense.

1974, c. 416, § 55-79.103; 2019, c. 55.1-1972 .