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46.2103 Fines for corporations.

Cite as [A.S.C.A. § 46.2103]

(a) A sentence to pay a fine, when imposed on a corporation for an offense defined in this title or for any offense defined outside this title for which no special corporate fine is specified, shall be a sentence to pay an a-mount, fixed by the court, not exceeding:

(1) $10,000 when the conviction is of a felony;

(2) $5,000 when the conviction is of a class A misdemeanor:

(3) $2,000 when the conviction is of a class B misdemeanor;

(4) $1,000 when the conviction is of a class C misdemeanor;

(5) $500 when the conviction is of an infraction;

(6) any higher amount not exceeding 2 times the amount of the corporation’s gain from the commission of the offense, as determined under 46.2101.

(b) In the case of an offense defined outside this title, if a special fine for a corporation is expressly specified in the statute that defines the offense, the fine fixed by the court shall be:

(1) an amount within the limits specified in the statute that defines the offense; or

(2) any higher amount not exceeding 2 times the amount of the corporation’s gain from the commission of the offense, as determined tinder 46.2101.

History: 1979, PL 16-43 § 2.

Research Guide: MCC 560 021.