☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 409

< > Effective - 28 Aug 1986    bottom

  409.526.  Penalties. — 1.  Every person who willfully violates any provision of sections 409.500 to 409.566 shall be guilty of a class A misdemeanor.

  2.  Every person who violates any provision of sections 409.500 to 409.566 shall be subject to a civil penalty of one thousand dollars per violation if a natural person or ten thousand dollars per violation if a corporation.  When the violation is the failure to file a registration statement as required by subsection 1 of section 409.511 the failure to file a solicitation or recommendation as required by subsection 3 of section 409.511 or the failure to amend such registration statement as required by subsection 2 of section 409.516 each business day of nonregistration or failure to file a recommendation or solicitation or failure to amend constitutes a separate violation.  The penalty imposed by this section shall be cumulative and more than one penalty shall be recoverable in the same action in any court of competent jurisdiction.

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(L. 1986 H.B. 1667)


---- end of effective  28 Aug 1986 ----

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