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Code · U.S. Code · Title 7 - AGRICULTURE · CHAPTER 66— AGRICULTURAL FOREIGN INVESTMENT DISCLOSURE · § 3502

§ 3502. Civil penalty

209 words·~1 min read·/usc/title-7/section-3502

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

(a)If the Secretary determines that a person—
(1)has failed to submit a report in accordance with the provisions of section 3501 of this title, or
(2)has knowingly submitted a report under section 3501 of this title
(A)which does not contain all the information required to be in such report, or
(B)which contains information that is misleading or false,
such person shall be subject to a civil penalty imposed by the Secretary. The amount of any such civil penalty shall be determined in accordance with the provisions of subsection
(b)of this section. Any such civil penalty shall be recoverable in a civil action brought by the Attorney General of the United States in an appropriate district court of the United States.
(b)The amount of any civil penalty imposed by the Secretary under subsection
(a)of this section shall be such amount as the Secretary determines to be appropriate to carry out the purposes of this chapter, except that such amount shall not exceed 25 percent of the fair market value, on the date of the assessment of such penalty, of the interest in agricultural land with respect to which such violation occurred.
(Pub. L. 95–460, § 3, Oct. 14, 1978, 92 Stat. 1265.)
Connections41 cite this · traces to 1
Cited by 41 sections · top 25
statute-compilations
bill
Traces to 1 document
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  • Pub. L. 95–460, § 3
  • 92 Stat. 1265
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§ 3502
Civil penalty
Bills×39
Stat. Comp.×1
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Pub. L.Pub. L. 95–460, § 3
Stat.92 Stat. 1265
Cites 3Cited by 41 across 3 sources
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