The court shall, upon hearing of the parties to the complaint, if it sees cause, declare the charter of the corporation forfeited.
History of Section.
G.L. 1896, ch. 181, § 10; G.L. 1909, ch. 219, § 10; G.L. 1923, ch. 255, § 10; G.L. 1938, ch. 150, § 9; G.L. 1956, § 27-1-19.