Penalties for failure to file report

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If the corporation fails to render such report, or to amend it whenever the Lieutenant Governor finds the report incomplete or unsatisfactory and requires that it be amended, the Lieutenant Governor shall refer the matter to the United States attorney who may institute a criminal action against the corporation. If convicted, the corporation shall be fined not more than $500 and costs; and the court shall order the directors and the officers of the corporation to file or amend the report or the copy, as the case may be, within the time specified in such order. Failure to obey the order shall be punished as contempt of court.


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