(a) Any corporation offending against this chapter may be found guilty, and it and its officers through whom such offense was committed shall be fined and the officers imprisoned as other persons under this chapter.

Terms Used In Tennessee Code 2-19-140

  • 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.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(b) Any corporation violating § 2-19-126 or § 2-19-134 shall in addition forfeit its charter and right to do business in this state.
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