Section 2A. A cemetery corporation organized under this chapter or created by special act or charter shall disclose to its clients whether an owner, director or trustee of the cemetery corporation owns 10 per cent or more of a business that sells products or services to the cemetery corporation of which he is owner, director or trustee. The information shall be available for review by the public during the business hours of the cemetery at the cemetery’s place of business. Whoever violates this section shall be punished by a fine of $50 for each day of the violation.

Terms Used In Massachusetts General Laws ch. 114 sec. 2A

  • 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.
  • Trustee: A person or institution holding and administering property in trust.