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Minnesota Statutes Securities (Ch. 80, 80A) § 80A.75. Section 508;  criminal penalties

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(a)?Criminal penalties. ?A person that willfully violates this chapter, or a rule adopted or order issued under this chapter, except section 80A.71 or the notice filing requirements of section 80A.50 or 80A.60, or that willfully violates section 80A.72 knowing the statement made to be false or misleading in a material respect, upon conviction, shall be fined not more than $10,000 or imprisoned not more than five years or both. ?Each of the acts specified constitutes a separate offense and a prosecution or conviction for any such offense does not bar prosecution or conviction for any other offense.

(b)?Criminal reference not required. ?The attorney general with or without a reference from the administrator, may institute criminal proceedings under this chapter.

(c)?No limitation on other criminal enforcement. ?This chapter does not limit the power of this state to punish a person for conduct that constitutes a crime under other laws of this state.

Cite this article: FindLaw.com - Minnesota Statutes Securities (Ch. 80, 80A) § 80A.75. Section 508;  criminal penalties - last updated January 01, 2018 | https://codes.findlaw.com/mn/securities-ch-80-80a/mn-st-sect-80a-75.html


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