Section 3

Act 45 of 1968, § 3, under PROHIBITING BORROWING OR RENTAL OF SECURITIES BY INSURANCE COMPANIES.

Act 45 of 1968, § 3

Section 3. Any individual who has been convicted under sections 1 or 2 of this act shall be sentenced to imprisonment for a term of not more than seven years, or be sentenced to pay a fine not exceeding ten thousand dollars ($10,000), or both.