License requirement; penalty for violation

Miss. Code Ann. § 81-19-5, under Consumer Loan Broker Act.

Miss. Code Ann. § 81-19-5

No person shall engage in the business of being a consumer loan broker before posting the bond and obtaining the license as required by this chapter. Any person violating this section is guilty of a misdemeanor and, upon conviction thereof, shall be punished by a fine of not more than One Thousand Dollars ($1,000.00) or by imprisonment in the county jail for not more than six (6) months, or by both such fine and imprisonment.