| SB 1237 | Makes it unlawful to obstruct a securities investigation |
| Sponsor: | Bartle | |||
| LR Number: | 4273S.01I | Fiscal Note: | 4273-01 | |
| Committee: | Judiciary and Civil & Criminal Jurisprudence | |||
| Last Action: | 02/16/04 - Second Read and Referred S Judiciary and Civil & | Journal page: | S319 | |
| Criminal Jurisprudence Committee | ||||
| Title: | ||||
| Effective Date: | August 28, 2004 | |||
SB 1237 - This act makes it unlawful for a person to interfere or obstruct a securities investigation. A person who willfully obstructs such an investigation shall be fined not more than $1 million or imprisoned for not more than 10 years, or both. The Commissioner of Securities is given authority to investigate allegations of obstruction, to seek civil enforcement of any violation, to seek administrative enforcement of any violation and to promulgate rules to carry out the provisions of this act.
The provisions of this act are similar to the TAT version of
HB 1617 (2004).
JIM ERTLE