Massachusetts General Laws ch. 93 sec. 18 – False statements to stock exchanges; penalty
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Section 18. An officer of a mining corporation who makes a false statement, knowing the same to be false, in an application to any stock exchange to list the shares of such corporation shall be punished by a fine of not more than five hundred dollars or by imprisonment for not more than two years.
Terms Used In Massachusetts General Laws ch. 93 sec. 18
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.