La. Stat. tit. 51 § 710.1

Current with operative changes from the 2024 Third Special Legislative Session

Section 51:710.1 - Commissioner of securities; power to assess civil monetary penalties

The commissioner, upon notice of opportunity for hearing as provided for in R.S. 51:716, has the right to assess a civil monetary penalty against any issuer, broker-dealer, agent, investment adviser or investment adviser representative, or any other person who violates this Part or any rule, regulation, or order of the commissioner, up to a maximum of five thousand dollars per violation, plus the costs of investigation and prosecution.

La. R.S. § 51:710.1

Acts 2006, No. 361, §1, eff. June 13, 2006; Acts 2018, No. 73, §1, eff. May 10, 2018.

Amended by Acts 2018, No. 73,s. 1, eff. 5/10/2018.

Acts 2006, No. 361, §1, eff. 6/13/2006.