32 M.R.S. §6100-BB: Criminal penalties
Where this section sits in the code
- TITLE 32: PROFESSIONS AND OCCUPATIONS
- CHAPTER 79-A: MONEY TRANSMITTERS
- SUBCHAPTER 11: ENFORCEMENT
Criminal penalties for violations of this Act are governed by this section.
1. False records. A person that intentionally makes a false statement, misrepresentation or false certification in a record filed or required to be maintained under this Act or that intentionally makes a false entry or omits a material entry in such a record is guilty of a Class D crime.
2. Unlicensed activity; no more than $1,000 in compensation. A person that knowingly engages in an activity for which a license is required under this Act without being licensed under this Act and who receives no more than $1,000 in compensation within a 30-day period from this activity is guilty of a Class D crime.
3. Unlicensed activity; more than $1,000 but no more than $10,000 in compensation. A person that knowingly engages in an activity for which a license is required under this Act without being licensed under this Act and that receives more than $1,000 but no more than $10,000 in compensation within a 30-day period from this activity is guilty of a Class C crime.
4. Unlicensed activity; more than $10,000 in compensation. A person that knowingly engages in an activity for which a license is required under this Act without being licensed under this Act and that receives more than $10,000 in compensation within a 30-day period from this activity is guilty of a Class B crime.
Collected 2026-09-04T15:12:37Z. Source file · JSON