• logo-lightlogo-dark

    decipher.legal

    Created by Michael Wessels
    1. U.S. Code
    2. Title 26
    3. Subtitle F
    4. CHAPTER 68
    5. Subchapter B
    6. PART I

    § 6705 Failure by broker to provide notice to payors

    (a) In general

    Any person required under to provide notice to any payor who willfully fails to provide such notice to such payor shall pay a penalty of $500 for each such failure.

    (b) Penalty in addition to other penalties

    Any penalty imposed by this section shall be in addition to any other penalty provided by law.