(a) A person who wilfully violates AS 34.55.006 or 34.55.008 is, upon conviction, punishable by a fine of not more than $50,000, or by imprisonment for not less than one year nor more than five years, or by both fine and imprisonment.
(b) A violation of this chapter other than as provided in (a) of this section or of a regulation adopted under this chapter is a misdemeanor and is punishable by a fine of not less than $1,000 or double the amount of gain from the transaction, whichever is larger but not more than $50,000, or by imprisonment for not more than six months, or by both fine and imprisonment.
Structure Alaska Statutes
Chapter 55. Uniform Land Sales Practices Act
Sec. 34.55.004. Administration.
Sec. 34.55.006. Fraudulent and prohibited practices.
Sec. 34.55.008. Prohibitions on dispositions of interests in subdivisions.
Sec. 34.55.010. Application for registration.
Sec. 34.55.012. Public offering statement.
Sec. 34.55.014. Inquiry and examination.
Sec. 34.55.016. Notice of filing and registration.
Sec. 34.55.018. Annual report.
Sec. 34.55.020. General powers and duties.
Sec. 34.55.022. Investigations and proceedings.
Sec. 34.55.024. Cease and desist orders.
Sec. 34.55.034. Interstate rendition.
Sec. 34.55.036. Service of process.