(a) Any person who wilfully engages in the business of a fine art secured lender, unless licensed according to law, or after notice that his or her license has been suspended or revoked, shall be guilty of a class D felony.
(b) Any person who wilfully violates any provision of sections 21-47n to 21-47t, inclusive, for which no other penalty is provided shall be guilty of a class A misdemeanor.
(P.A. 12-131, S. 8.)
Structure Connecticut General Statutes
Chapter 409a - Fine Art Secured Lenders
Section 21-47n. - “Fine art” defined. License required.
Section 21-47o. - Fine art secured lender license.
Section 21-47p. - Identification required. Record keeping system. Exemptions.
Section 21-47r. - Quarterly transaction statements. Exemption.
Section 21-47s. - Receipt for seized property. Request for return.
Section 21-47t. - Sale or disposal of fine art by lender. Right of redemption or repurchase.