                                 CODE OF VIRGINIA

PENALTY; LIMITATION (§ 59.1-269)

A. Any person who shall knowingly and willfully make, or cause to be made, any
false statement in any disclosure statement or contract subject to the
provisions of this chapter, or who shall knowingly and willfully commit any act
prohibited by &#xA7; 59.1-266 with the intent to defraud or to deceive a
purchaser as to any material fact shall be guilty of a Class 4 felony.

B. Any person who shall knowingly make or cause to be made any false statement
in any disclosure statement or contract subject to the provisions of this
chapter or who shall commit any act prohibited by &#xA7; 59.1-266 shall be
guilty of a Class 1 misdemeanor.

C. No prosecution under this section shall be begun more than three years from
the date of the alleged offense.

HISTORY: 1979, c. 523.