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Del. Code tit. 6, §§ 73-503

Statute of limitations

Known as the Delaware Securities Act

The act spans §§ 6-73-101 to 6-73-704 (38 sections).

68 Del

(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.

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

Official source: Delaware Code Online. Reproduced from public-domain Delaware statutes; confirm against the official source for the current text. Not legal advice.