§1196. Penalties

15 U.S.C. § 1196

Violation of section 1192 or 1197(b) of this title, or failure to comply with section 1202(c) of this title, is punishable by—

(1)

imprisonment for not more than 5 years for a knowing and willful violation of that section;

(2)

a fine determined under section 3571 of title 18; or

(3)

both.

Notes, amendments, and revision history

(June 30, 1953, ch. 164, § 7, 67 Stat. 114; Pub. L. 95–631, § 8(b), Nov. 10, 1978, 92 Stat. 3747; Pub. L. 110–314, title II, § 217(c)(4), Aug. 14, 2008, 122 Stat. 3060.)

Editorial Notes

Amendments

2008—Pub. L. 110–314 amended section generally. Prior to amendment, text read as follows: “Any person who willfully violates section 1192 or 1197(b) of this title, or who fails to comply with section 1202(c) of this title, shall be guilty of a misdemeanor, and upon conviction thereof shall be fined not more than $5,000 or be imprisoned not more than one year or both in the discretion of the court: Provided, That nothing herein shall limit other provisions of this chapter.”

1978—Pub. L. 95–631 authorized penalties for noncompliance with section 1202(c) of this title.