(a) In any administrative, civil or criminal action brought by the Director seeking registration suspension or revocation, fines, costs, restitution or imprisonment, no more than 5 years shall have passed from the date of the violation to the date of the initiation of the proceeding.

Terms Used In Delaware Code Title 6 Sec. 73-503

  • Director: means the Investor Protection Director, the principal executive officer of the Investor Protection Unit designated in § 73-102 of this title. See Delaware Code Title 6 Sec. 73-103
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.

(b) This 5-year limit shall not apply to registration denial proceedings.

68 Del. Laws, c. 181, § ?23; 78 Del. Laws, c. 175, §§ ?114, 118; 79 Del. Laws, c. 182, § ?3;