§ 5-20.5-17 - Penalties for violations.
SECTION 5-20.5-17
§ 5-20.5-17 Penalties for violations.– (a) Any person acting as a broker or as a salesperson without first obtaining alicense is guilty of a misdemeanor and upon conviction, is punishable by a fineof not less than one hundred dollars ($100) nor more than five hundred dollars($500), or by imprisonment for a term not to exceed one year, or both; and if acorporation, is punishable by a fine of not less than one thousand dollars($1,000) nor more than two thousand dollars ($2,000). Any person uponconviction of a second or subsequent offense is punishable by a fine of notless than five hundred dollars ($500) nor more than one thousand dollars($1,000), or by imprisonment for a term not to exceed two (2) years, or both;and if a corporation, by a fine of not less than two thousand dollars ($2,000)nor more than five thousand dollars ($5,000).
(b) In case any person has received any money, or theequivalent, as a fee, commission, compensation, or profit by or in consequenceof a violation of any provision of this chapter, he or she, in addition, isliable to a penalty of not less than the amount of the sum of money receivedand not more than three (3) times the sum received, as may be determined by thecourt, which penalty may be recovered in any court of competent jurisdiction byany person aggrieved.