LD 1567
pg. 22
Page 21 of 185 An Act To Implement Recommendations of the MCJUSTIS Policy Board Concerning the... Page 23 of 185
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LR 526
Item 1

 
A. Any A person responsible for an act or omission
expressly declared to be a criminal offense by statutes
pertaining to the supervision of financial institutions and
for which no other penalty has been provided by statute
shall be guilty of a misdemeanor and shall be punished by
imprisonment for not more than 11 months or by a fine of not
more than $5,000 or by both commits a Class E crime, except
notwithstanding Title 17-A, section 1301, a fine of not more
than $5,000 may be imposed upon a natural person. If the act
or omission was intended to defraud, such person shall be
guilty of a felony and shall be punished by a fine of not
more than $10,000 or by imprisonment for not more than 5
years, or by both.

 
A-1.__A person who violates paragraph A with the intent to
defraud commits a Class C crime.

 
B. A director, corporator, officer, agent or employee of a
financial institution shall be is responsible for an act or
omission of the institution declared to be a criminal
offense against statutes pertaining to the supervision of
financial institutions whenever, knowing that such act or
omission is unlawful, he the person participates in
authorizing, executing, ratifying or concealing such act, or
in authorizing or ratifying such omission or, having a duty
to take the required action, omits to do so.

 
12.__Strict liability.__Except as otherwise specifically
provided, violation of this section is a strict liability crime
as defined in Title 17-A, section 34, subsection 4-A.

 
PART E

 
Sec. E-1. 10 MRSA §1602, as amended by PL 1977, c. 694, §166, is
repealed and the following enacted in its place:

 
§1602.__Licenses

 
1.__Unlawful use of trademark.__After establishment by rules
adopted in a manner consistent with the Maine Administrative
Procedure Act of a trademark by the commission, a person may not
use the trademark without first securing a permit or license from
the Maine Potato Commission.

 
2.__Penalty.__The following penalties apply to violations of
this section.


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