75-89-25 - Penalties; period of limitations; institution of criminal proceedings.
§ 75-89-25. Penalties; period of limitations; institution of criminal proceedings.
(1) Any person who willfully violates:
(a) Any provision of this chapter; or
(b) Any rule or order of the administrator under this chapter shall, upon conviction, be fined not more than Twenty-five Thousand Dollars ($25,000.00) or imprisoned not more than five (5) years, or both, for each violation.
(2) Any person convicted of violating a rule or order under this chapter may be fined, but may not be imprisoned, if the person proves he had no knowledge of the rule or order.
(3) No indictment or information may be returned under this chapter more than five (5) years after the alleged violation.
(4) The administrator may refer such evidence as is available concerning violations of this chapter or any rule or order of the administrator to the Attorney General or to the proper district attorney, who may, with or without such a referral from the administrator, institute the appropriate criminal proceedings under this chapter.
Sources: Laws, 1993, ch. 319, § 13, eff from and after July 1, 1993.