{"data":{"id":"us-mt/30-10-306","jurisdiction":"us-mt","citation":"30-10-306","heading":"Criminal liabilities.","body":"(1) A person who willfully violates any provision of parts 1 through 3 of this chapter except 30-10-302, who willfully violates any rule or order under parts 1 through 3 of this chapter, or who willfully violates 30-10-302 knowing the statement made to be false or misleading in any material respect shall upon conviction be fined not more than $5,000 or imprisoned not more than 10 years, or both. However, if the person convicted has been previously convicted of a felony in any way involving securities, imprisonment for not less than 1 year is mandatory.\n(2) A person who willfully violates 30-10-301 with knowledge that the violation would affect a vulnerable person shall upon conviction be fined not more than $20,000 or imprisoned not more than 20 years, or both.\n(3) An indictment or information may not be returned under parts 1 through 3 of this chapter more than 8 years after the alleged violation. However, the time limitation period may be extended allowing commencement of a prosecution within 1 year after the date the commissioner or other prosecuting officer becomes aware of the violation.\n(4) The commissioner may refer evidence that may be available concerning violations of parts 1 through 3 of this chapter or of any rule or order under parts 1 through 3 of this chapter to the attorney general or the proper prosecuting attorney, who may in the prosecutor's discretion, with or without a reference, institute the appropriate criminal proceedings under parts 1 through 3 of this chapter.\n(5) Parts 1 through 3 of this chapter do not limit the power of the state to punish any person for any conduct that constitutes a crime.","path":["TITLE 30. TRADE AND COMMERCE","CHAPTER 10. SECURITIES REGULATION","Part 3. Offenses, Penalties, and Immunities"],"source_url":"https://mca.legmt.gov/bills/mca/title_0300/chapter_0100/part_0030/section_0060/0300-0100-0030-0060.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:20Z","sha256":"bf14b438e06af5a42d841a85bf951a31b0ea0d10de231688eb9e3470502fd210","source_id":"us-mt","stale":false,"prev":"us-mt/30-10-305--2","next":"us-mt/30-10-307"},"notice":"GroundRules: Original legal text. Not legal advice."}