2019 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 502 - UNIFORM SECURITIES ACT (Blue Sky Law)
Section 502.508 - Criminal penalties.
502.508 Criminal penalties.
1. Criminal penalties.
a. Except as provided in paragraph “b”, a person who willfully violates any provision of this chapter, or any rule adopted or order issued under this chapter, is guilty of a class “D” felony.
b. A person who willfully violates section 502.501 or section 502.502, subsection 1, resulting in a loss of more than ten thousand dollars is guilty of a class “C” felony.
2. Criminal reference not required. The attorney general or the proper county attorney, with or without a reference from the administrator, may institute criminal proceedings under this chapter.
3. No limitation on other criminal enforcement. This chapter does not limit the power of this state to punish a person for conduct that constitutes a crime under other laws of this state.
2004 Acts, ch 1161, §47, 68; 2005 Acts, ch 19, §76
