Sec. 155.007.  CRIMINAL PENALTY.  (a)  An officer or agent of a domestic or foreign corporation or company doing business in this state as a bond investment company commits an offense if:
(1)  the officer or agent attempts to:
(A)  place or sell shares;  or
(B)  transact any business on behalf of the company;  and
(2)  the bond investment company has not complied with the deposit requirements of this chapter.
(b)  An offense under this section is punishable by:
(1)  confinement in jail for a term of not more than six months or less than 30 days;
(2)  a fine of not more than $1,000 or less than $100;  or
(3)  both the fine and confinement.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.