Penalties

1 CMC § 7728 — under Government Deposit Safety Act.

1 CMC § 7728

TITLE 1: GOVERNMENT

DIVISION 7: PLANNING, BUDGETING AND AUDITING

§ 7728. Penalties. (a) Any person, except a bank, who knowingly violates 1 CMC § 7723 shall be imprisoned for not more than five years and fined not less than $2,000 or both. (b) Any bank who knowingly violates 1 CMC § 7723 shall be fined not less than $5,000 for each day of noncompliance with the applicable provisions. Source: PL 4-33, § 7; amended by PL 9-13, § 5, modified.