Penalty for certain acts.
Section 110
SEC. 110. Penalty for certain acts.—Where it appears to the Administrator, that any person has contravened the provisions of this Act, the regulations or the by-laws—By sitting or voting as a member of board or committee or voting in the affairs of a federation of co-operatives as a representative of another co-operative which is a member of such federation, or exercising the rights of a member of a co-operative, when such person was not entitled to sit or vote or exercise such rights, as the case may be; or By applying a loan for a purpose different from that for which it was granted; the Administrator may apply to the court for an order, which shall after affording such person an opportunity to be heard, directing such person to pay to, the assets of the co-operative by way of penalty such sum as the court deems fit in respect of every such contravention.Approved, June 22, 1957.