1. (a) Any person who shall wilfully and intentionally violate this chapter or engage in the business of a sales finance company in this State without a license therefor as provided in this chapter shall be fined not more than $500.
2. (b) A wilful violation of §§ 2907, 2908 or 2909 of this title by the seller or holder shall bar recovery of any finance charge, delinquency or collection charge on the contract.

5 Del. C. 1953, § 2910; 52 Del. Laws, c. 335, § 1; 70 Del. Laws, c. 6, § 14; 71 Del. Laws, c. 254, § 32