81-19-5 - License requirement; penalty for violation.
§ 81-19-5. License requirement; penalty for violation.
No person shall engage in the business of being a consumer loan broker before posting the bond and obtaining the license as required by this chapter. Any person violating this section is guilty of a misdemeanor and, upon conviction thereof, shall be punished by a fine of not more than One Thousand Dollars ($1,000.00) or by imprisonment in the county jail for not more than six (6) months, or by both such fine and imprisonment.
Sources: Laws, 1992, ch. 485, § 3, eff from and after July 1, 1992.