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New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 12B-215

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Any natural person who shall violate the prohibitions of this article shall be guilty of a misdemeanor, and, upon conviction thereof, shall be subject to imprisonment for a period not exceeding 1 year, or a fine not exceeding $1,000.00, or both.  He shall also be subject to a further fine equal to any moneys received by him within this State in violation of this section.  The association which such individual represents shall be guilty of a misdemeanor, and, upon conviction thereof, shall be subject to a fine of $5,000.00;  such association shall be subject to a further fine equal to the amount of any moneys received by such association or by its agent in violation of this article.

Cite this article: FindLaw.com - New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 12B-215 - last updated February 19, 2021 | https://codes.findlaw.com/nj/title-17-corporations-and-institutions-for-finance-and-insurance/nj-st-sect-17-12b-215.html


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