Sec. 548.201. OFFENSES; CRIMINAL PENALTY

Latest version.

(a) A person commits an offense if the person intentionally:
(1) violates this chapter or a rule adopted under this chapter; or
(2) makes or causes to be made a statement that is false or misleading with respect to a material fact in a document required to be filed by this chapter or a rule adopted under this chapter.
(b) Except as provided by Subsection (c), an offense under this section is punishable by:
(1) a fine not to exceed $10,000;
(2) imprisonment for not more than two years; or
(3) both the fine and imprisonment.
(c) A person may not be punished by imprisonment for violating a rule as prescribed by this section if the person proves that the person had no knowledge of the rule.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.

                    
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