Section 183C: Violation of statute; report of conviction; revocation of charter of corporation
110 words·~1 min read·
/ma/part-i/title-xx/chapter-140/183c·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 183C. Any person described in section one hundred and eighty-three A who engages in a business required to be licensed by said section unless authorized so to do by a license in full force and effect, and any holder of such a license who violates any condition thereof, shall be punished by a fine of not more than one thousand dollars, or by imprisonment for not more than one year, or by both. The clerk of the court in which a corporation engaged in such business is convicted under this section shall forthwith report such conviction to the state secretary, who shall thereupon revoke the charter of such corporation.