Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.57. TAKEOVER BID DISCLOSURE ACT. |
Section 45.57.070. Criminal penalties.
Latest version.
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A person who wilfully violates a provision of this chapter, upon conviction, is punishable by a fine of not more than $5,000, or by imprisonment for not more than three years, or by both. However, a person may not be imprisoned for the violation of an order if the person proves that the person had no knowledge of the order. An indictment or information may not be returned under this chapter more than five years after the alleged violation.
Notes
History
(Sec. 1 ch 129 SLA 1976)