{"data":{"id":"us-sd/sdcl-47-31b-508","jurisdiction":"us-sd","citation":"SDCL § 47-31B-508","heading":"Criminal penalties.","body":"(a) Criminal penalties. It is a Class 4 felony for any person that willfully violates this chapter, or a rule adopted or order issued under this chapter, except § 47-31B-504 or the notice filing requirements of § 47-31B-302 or 47-31B-405, or that willfully violates § 47-31B-505 knowing the statement made to be false or misleading in a material respect. An individual convicted of violating a rule or order under this chapter may be fined, but may not be imprisoned, if the individual did not have knowledge of the rule or order. A subsequent violation is a Class 3 felony.\n(b) Criminal reference not required. The Attorney General or the proper prosecuting attorney with or without a reference from the director, may institute criminal proceedings under this chapter.\n(c) No limitation on other criminal enforcement. This chapter does not limit the power of this state to punish a person for conduct that constitutes a crime under other laws of this state.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-31B. UNIFORM SECURITIES ACT OF 2002"],"source_url":"https://sdlegislature.gov/Statutes/47-31B-508","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"f71c11f84400566c37806ce5967824e5af5c0d1919bcf14b83085c9877d30255","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-31b-507","next":"us-sd/sdcl-47-31b-509"},"notice":"GroundRules: Original legal text. Not legal advice."}