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Any contractor who starts a work, building or construction without having posted the bond required by this chapter in behalf of the Secretary of Labor and Human Resources shall be guilty of a felony and upon conviction shall be punished by a fine of not less than one thousand dollars ($1,000) nor more than five thousand dollars ($5,000), or by imprisonment in jail for a term of not less than one month nor more than one year, or both penalties in the discretion of the court. History —June 22, 1961, No. 111, p. 223, § 14; Apr. 25, 1986, No. 15, p. 33, § 3, eff. 30 days after Apr. 25, 1986.