§97-7  Penalties; administrative fines. 
(a)  Any person who:



(1)  Wilfully fails to file any statement or report
required by this chapter;



(2)  Wilfully files a statement or report containing
false information or material omission of any fact;



(3)  Engages in activities prohibited by section 97-5;
or



(4)  Fails to provide information required by section
97-2 or 97-3;



shall be subject to an administrative fine imposed
by the commission that shall not exceed $500 for each violation of this
chapter.  All fines collected under this section shall be deposited into the
general fund.



(b)  No fine shall be assessed unless:



(1)  The commission convenes a hearing in accordance
with section 97-6(c) and chapter 91; and



(2)  A decision has been rendered by the commission.
[L 1975, c 160, pt of §1; am L 1980, c 129, §1(h); am L 1995, c 220, §8; am L
2001, c 146, §2]