U.S Code last checked for updates: Oct 16, 2024
§ 1705.
Penalties
(a)
Unlawful acts
(b)
Civil penalty
A civil penalty may be imposed on any person who commits an unlawful act described in subsection (a) in an amount not to exceed the greater of—
(1)
$250,000; or
(2)
an amount that is twice the amount of the transaction that is the basis of the violation with respect to which the penalty is imposed.
(c)
Criminal penalty
(d)
Statute of limitations
(1)
Time for commencing proceedings
(A)
In general
(B)
Commencement
(2)
Time for indictment
(Pub. L. 95–223, title II, § 206, Dec. 28, 1977, 91 Stat. 1628; Pub. L. 102–393, title VI, § 629, Oct. 6, 1992, 106 Stat. 1773; Pub. L. 102–396, title IX, § 9155, Oct. 6, 1992, 106 Stat. 1943; Pub. L. 104–201, div. A, title XIV, § 1422, Sept. 23, 1996, 110 Stat. 2725; Pub. L. 109–177, title IV, § 402, Mar. 9, 2006, 120 Stat. 243; Pub. L. 110–96, § 2(a), Oct. 16, 2007, 121 Stat. 1011; Pub. L. 118–50, div. E, title I, § 3111(a), Apr. 24, 2024, 138 Stat. 938.)
cite as: 50 USC 1705