Any person violating any of the provisions of this act relating to bondsman shall, upon conviction, be fined not more than Five Thousand Dollars ($5,000.00) for each offense, or imprisoned in the county jail for not more than one (1) year, or by both such fine and imprisonment.

Any person acting as a bondsman without a license shall be subject to the penalties provided in this section.

Laws 1965, HB 642, c. 184, § 36, eff. January 1, 1966; Amended by Laws 1984, SB 433, c. 225, § 25, emerg. eff. May 23, 1984; Amended by Laws 1992, SB 800, c. 98, § 9, eff. September 1, 1992.