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Current as of January 02, 2024 | Updated by Findlaw Staff
(a)(1) Any person, including an affiliate or associate of an offeror or offeree company, who knowingly violates any provision of this part, or any rule promulgated under this part, or any order issued by the commissioner under any provision of this part, commits a Class A misdemeanor.
(2) Any person who knowingly engages in a fraudulent practice declared unlawful in § 48-103-106 commits a Class E felony.
(b) The commissioner may transmit such evidence as may be available concerning violations of this part or of any rule or order hereunder to the district attorney general in the district in which the offense was committed who may, in the district attorney general's discretion, institute criminal proceedings to enforce the penalties prescribed in this part.
(c) Nothing in this part limits the power of the state to punish any person for any conduct which constitutes a crime under any other statute.
Cite this article: FindLaw.com - Tennessee Code Title 48. Corporations and Associations § 48-103-111 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-48-corporations-and-associations/tn-code-sect-48-103-111/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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