Section 23.19. Unlawful retention of payments

Any  producer,  promoter,
  principal, employee, general manager, company  manager  or  agent  of  a
  theatrical   production   company,  as  defined  herein,  who  knowingly
  receives, directly or indirectly, from any supplier, advertising agency,
  publication, theatre owner,  theatre  treasurer,  ticket  agent,  ticket
  broker,  or other firm or person having dealings with, or applicable to,
  the theatrical production company,  or  from  any  employees  or  agents
  thereof,  any  cash,  checks, rebates, commissions, gifts, gratuities or
  other payments or consideration for reason of the  business  operations,
  management,  bidding,  negotiation or other operation of such theatrical
  production company or arising out of the  business  of  such  theatrical
  production  company,  and who does not pay such amounts or consideration
  into such theatrical production company within a period  of  seventy-two
  hours  thereafter, except where such retention is expressly permitted by
  the theatrical production company and where a written investor agreement
  signed by  all  investors  represented  that  such  retention  would  be
  permitted  by  the  theatrical  production company, shall be guilty of a
  misdemeanor, punishable by a fine of not more than five hundred  dollars
  or imprisonment for not more than one year, or both.