§ 499. Violations and penalties. Any person who violates or
participates in the violation of any provision of this article, or who
knowingly makes any incorrect statement of a material fact in any
application, report or statement filed pursuant to this article, or who
knowingly omits to state any material fact necessary to give the
superintendent any information lawfully required by him or refuses to
permit any lawful investigation or examination, shall be guilty of a
misdemeanor and, upon conviction, shall be fined not more than five
hundred dollars or imprisoned for not more than six months or both, in
the discretion of the court.