§432:1-105 Penalty. There shall be a fine of not more than $1,000 or imprisonment of not more than one year, or both, for:
(1) Any person who is found in the State as officer, member, principal, agent, or in any other capacity, soliciting or conducting or operating the business of a mutual benefit society, as defined in section 432:1-104, not qualified and licensed to operate the business in conformity with this article, or
(2) Any trustee, officer, or other person in charge of the affairs of any such society, who authorizes, sanctions, or permits the issuance of any certificate, policy, or contract, for the payment of benefits in violation of this article, or
(3) Any person who violates any other provision of this article relating to mutual benefit societies. [L 1987, c 347, pt of §2; am L 2002, c 155, §103]
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