§ 399-g-34

399-G:34 Penalties. – I. A person that intentionally makes a false statement, misrepresentation, or false certification in a record filed or required to be maintained under this chapter or that intentionally makes a false entry or omits a material entry in such a record is guilty of a felony. II. A person that knowingly engages in an activity for which a license is required under this chapter without being licensed under this chapter and who receives more than $500 in compensation within a 30-day period from this activity is guilty of a felony. III. A person that knowingly engages in an activity for which a license is required under this chapter without being licensed under this chapter and who receives no more than $500 in compensation within a 30-day period from this activity is guilty of a misdemeanor. IV. The commissioner may assess a civil penalty against a person that violates this chapter or a rule adopted or an order issued under this chapter in an amount not to exceed $1,500 for a negligent violation and $2,500 for a knowing violation per day for each day the violation is outstanding, plus costs and expenses for the investigation and prosecution of the matter, including

for a negligent violation and $2,500 for a knowing violation per day for each day the violation is outstanding, plus costs and expenses for the investigation and prosecution of the matter, including reasonable attorney's fees. For purposes of this section, each act of money transmission shall constitute a separate violation of this chapter. Source. 2024, 368:1, eff. Oct. 22, 2024.