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15 U.S.C. § 293 — Penalty for infraction

submitted 121 years ago by ch. 720 to r/title-15-COMMERCE-AND-TRADE · 80 words · no verdicts yet

in plain englishAI-generated · not legal advice

Anyone who violates sections 291 through 293 of this title commits a misdemeanor. So does any officer, director, or manager who knowingly takes part in or allows the violation. The penalty is a fine up to $5,000, up to one year in prison, or both.

This section sets the punishment for breaking sections 291 to 293 of this title. Any person, partnership, association, or corporation that violates those sections is guilty of a misdemeanor. The same is true for any officer, director, or managing agent of that partnership, association, or corporation, if that person knew about the violation and either directly took part in it or agreed to it. Upon conviction, the punishment is a fine of not more than $5,000, imprisonment of not more than one year, or both — whichever the court decides, at the court's discretion.
the actual law source: uscode.house.gov ↗public domain

Every person, partnership, association, or corporation violating the provisions of sections 291 to 293 of this title, and every officer, director, or managing agent of such partnership, association, or corporation having knowledge of such violation and directly participating in such violation or consenting thereto, shall be deemed guilty of a misdemeanor, and, upon conviction, be punished with a fine of not more than $5,000 or imprisonment for not more than one year, or both, at the discretion of the court.

Source credit: (Feb. 21, 1905, ch. 720, § 2, 33 Stat. 732.)

history & why it existsrecord from the source credit
  • 1905Enacted · Act of Feb. 21, 1905, ch. 720 · 33 Stat. 732

A history note hasn’t been published yet. The record shows enactment by ch. 720 on 1905-02-21.

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