Connecticut General Statutes
Chapter 826 - Real Estate Syndicates
Section 47-113. - Violations punished by fine or imprisonment.

Any person who wilfully violates any provision of this chapter with the exception of the provisions of section 47-106, or who wilfully violates any regulation under this chapter, shall be fined not more than ten thousand dollars nor less than one thousand dollars or imprisoned not more than ten years or both; but no person may be imprisoned for the violation of any regulation if he proves that he had no knowledge of the regulation.

(P.A. 73-593, S. 28, 35.)

Structure Connecticut General Statutes

Connecticut General Statutes

Title 47 - Land and Land Titles

Chapter 826 - Real Estate Syndicates

Section 47-91. - Definitions.

Section 47-92. - Qualification of real estate syndicate securities; issuance of permit.

Section 47-93. - Expert opinion.

Section 47-94. - Grounds for refusal of permit. Appeal, hearing.

Section 47-95. - Amendment to offering; commission approval; effective date.

Section 47-96. - Permit fees. Determination of value of securities.

Section 47-97. - No endorsement by commission to be implied by filing of application, qualification of securities or exemption. Inconsistent representations to purchasers prohibited. Permit to indicate permissive nature.

Section 47-98. - Sale of unqualified real estate syndicate securities prohibited.

Section 47-99. - Advertisement of securities; prior filing; hearings; media responsibility.

Section 47-100. - Sale does not require licensure as real estate salesperson or broker.

Section 47-101. - Exceptions.

Section 47-102. - Waiver of chapter void. Exception.

Section 47-103. - Real Estate Commission to establish regulations. Hearings.

Section 47-104. - Required form of sales contracts.

Section 47-105. - Required records and reports. Examination of records; examination costs.

Section 47-106. - Penalty for false statement.

Section 47-107. - Investigations by commission; powers.

Section 47-108. - Appointment of attorney for service.

Section 47-109. - Actions, limitation of time, prerequisite.

Section 47-110. - Remedy of buyers.

Section 47-111. - Order to cease and desist. Hearing.

Section 47-112. - Injunctive and other relief.

Section 47-113. - Violations punished by fine or imprisonment.

Section 47-114. - Reservation of other punishments.

Section 47-115. - Burden of proof of exemptions or exceptions.