Code of Virginia - Title 55 Property And Conveyances - Section 55-506 Penalties

§ 55-506. Penalties

Any person who willfully violates §§ 55-478, 55-481, 55-482, 55-485, 55-487, 55-498, 55-504, or any rule adopted under, or order issued pursuant to § 55-502, or any person who willfully in an application for registration makes any untrue statement of a material fact or omits to state a material fact, shall be guilty of a misdemeanor and may be fined not less than $1,000 or double the amount of gain from the transaction, whichever is the larger, but not more than $50,000; or he may be imprisoned for not more than 6 months; or both, for each offense.

(1982, c. 277.)

Sections:  Previous  55-493  55-494  55-495  55-496  55-497  55-498  55-499  55-500  55-501  55-502  55-503  55-504  55-504.1  55-505  55-506

Last modified: April 16, 2009