2022 Rhode Island General Laws
Title 39 - Public Utilities and Carriers
Chapter 39-3 - Regulatory Powers of Administration
Section 39-3-21. - Penalty for false statements.
§ 39-3-21. Penalty for false statements.
Any director, president, secretary, manager, officer, or other official of any public utility who shall knowingly make any false statement to secure the issue of any stock, bond, note, or other evidence of indebtedness, or who shall, by such false statement, procure the order of the division for the issue of any stock, bond, note, or other evidence of indebtedness, or issue with knowledge of fraud, negotiate, or cause to be negotiated, any stock, bond, or other evidence of indebtedness in violation of §§ 39-3-15 — 39-3-23 shall, upon conviction thereof, be fined not less than five hundred dollars ($500), or be imprisoned in the adult correctional institutions for not less than one year nor more than ten (10) years.
History of Section.
G.L. 1923, ch. 253, § 62; P.L. 1936, ch. 2345, § 1; G.L. 1938, ch. 122, § 58; impl. am. P.L. 1956, ch. 3721, § 1; G.L. 1956, § 39-3-21.
