15 U.S.C. § 1196

Current through P.L. 118-47 (published on www.congress.gov on 03/23/2024)

Section 1196 - Penalties

Violation of section 1192 or 1197(b) of this title, or failure to comply with section 1202(c) of this title, is punishable by-

(1) imprisonment for not more than 5 years for a knowing and willful violation of that section;

(2) a fine determined under section 3571 of title 18; or

(3) both.

15 U.S.C. § 1196

June 30, 1953, ch. 164, §7, 67 Stat. 114; Pub. L. 95-631, §8(b), Nov. 10, 1978, 92 Stat. 3747; Pub. L. 110-314, title II, §217(c)(4), Aug. 14, 2008, 122 Stat. 3060.

EDITORIAL NOTES

AMENDMENTS2008- Pub. L. 110-314 amended section generally. Prior to amendment, text read as follows: "Any person who willfully violates section 1192 or 1197(b) of this title, or who fails to comply with section 1202(c) of this title, shall be guilty of a misdemeanor, and upon conviction thereof shall be fined not more than $5,000 or be imprisoned not more than one year or both in the discretion of the court: Provided, That nothing herein shall limit other provisions of this chapter."1978- Pub. L. 95-631 authorized penalties for noncompliance with section 1202(c) of this title.

person

The term "person" means an individual, partnership, corporation, association, or any other form of business enterprise.