Code · New Jersey · Title 51 — Banks and Banking [Transferred] · Chapter 4

51:4-2. Violations; punishment

102 words·~1 min read·/nj/title-51/chapter-4/51-4-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any person, firm, partnership, association or corporation, or any servant, agent or employee thereof, who shall violate section 51:4-1 of this Title shall be guilty of a misdemeanor and for a first offense shall be punishable by a fine of not less than $250.00 nor more than $1,000.00 and for each subsequent offense shall be punishable by a fine of not less than $1,000.00 nor more than $5,000.00, or imprisonment of not less than 60 days nor more than 1 year or both, or either, at the discretion of the court.

Amended by L.1969, c. 251, s. 27, eff. Jan. 7, 1970.