2012 Connecticut General Statutes
Title 36b - Connecticut Securities Law and Business Opportunity Investment Act
Chapter 672b - The Connecticut Tender Offer Act
Section 36b-51 - (Formerly Sec. 36-467). Penalties.
(a) Any person, including a controlling person of an offeror or target company, who violates sections 36b-40 to 36b-52, inclusive, or any regulation under said sections or any order of which he has notice, may be fined not more than five thousand dollars or imprisoned not more than five years or both. Each of the acts specified shall constitute a separate offense and a prosecution or conviction for any one of such offenses shall not bar prosecution or conviction for any other offense.
(b) Nothing in sections 36b-40 to 36b-52, inclusive, shall limit the power of the state to punish any person for any conduct which constitutes a crime under any other statute.
(P.A. 76-362, S. 12, 14.)
History: Sec. 36-347l transferred to Sec. 36-467 in 1979; Sec. 36-467 transferred to Sec. 36b-51 in 1995.
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