9-512. Money transmitter; penalties for violations.
9-512
9-512. Money transmitter; penalties for
violations.
(a) Any person who knowingly violates any provision of this act
shall be guilty
of a
severity level 9, nonperson felony. Each
transaction in violation of this act and each day that a violation
continues shall be a separate offense
except that whenever a
corporation shall violate any provision of this act, such violation shall
be deemed to be also that of the individual directors, officers, and agents
of such corporation who shall have authorized, ordered, or done any of the
acts constituting such violation in whole or in part.
(b) A corporation and its directors,
officers, and
agents may each be prosecuted separately for violations of this act and the
acquittal or conviction of one such director, officer or agent shall not
abate the prosecution of the others.
(c) Violations of this act also may be
enjoined or the violators ousted from continuing such violations by
proceedings brought by the county attorney of the proper county or by the
attorney general, regardless of whether or not criminal proceedings have
been instituted.
History: L. 1967, ch. 73, § 5;
L. 2006, ch. 113, § 9; July 1.