Any person selling timber who uses false or altered identification or a false declaration of ownership, pursuant to the provisions of Section 16-65 of this title, upon conviction, shall be guilty of:

1. A felony if the timber to be sold by use of a false or altered identification or false declaration of ownership is valued at more than Two Hundred Dollars ($200.00). Upon conviction, a person shall be subject to the imposition of a fine of not more than Ten Thousand Dollars ($10,000.00), imprisonment in the State Penitentiary for not more than five (5) years, or both; or

2. A misdemeanor if the timber to be sold by use of a false or altered identification or false declaration of ownership is valued at Two Hundred Dollars ($200.00) or less. Upon conviction, a person shall be subject to the imposition of a fine of not more than One Thousand Dollars ($1,000.00), imprisonment in the county jail not to exceed one (1) year, or both.