15 U.S.C. § 2070 — Criminal penalties
submitted 54 years ago by Pub. L. 92-573 to r/title-15-COMMERCE-AND-TRADE · 177 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Violation of section 2068 of this title is punishable by—
imprisonment for not more than 5 years for a knowing and willful violation of that section;
a fine determined under section 3571 of title 18; or
both.
Any individual director, officer, or agent of a corporation who knowingly and willfully authorizes, orders, or performs any of the acts or practices constituting in whole or in part a violation of section 2068 of this title shall be subject to penalties under this section without regard to any penalties to which that corporation may be subject under subsection (a).
In addition to the penalties provided by subsection (a), the penalty for a criminal violation of this chapter or any other Act enforced by the Commission* may include the forfeiture of assets associated with the violation.
In this subsection, the term “criminal violation” means a violation of this chapter or any other Act enforced by the Commission for which the violator is sentenced to pay a fine, be imprisoned, or both.
Source credit: (Pub. L. 92–573, § 21, Oct. 27, 1972, 86 Stat. 1225; Pub. L. 110–314, title II, § 217(c)(1), (2), (d), Aug. 14, 2008, 122 Stat. 3060.)
- 1972Enacted · Pub. L. 92-573 · 86 Stat. 1225
- 2008Amended · Pub. L. 110-314 · 122 Stat. 3060
A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-573 on 1972-10-27.
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