Section 4. Certificate to be filed within sixty days and annually thereafter; penalty; evidence  


Latest version.
  • Every   joint-stock   association
      transacting  business  within  this state shall, within sixty days after
      its formation, and in each January thereafter, file with  the  secretary
      of  state,  and  with  the  clerk  of  the county in which its principal
      business is carried on, a written certificate, signed  and  verified  by
      its  president  and treasurer, stating the name and date of organization
      of such association, the number  of  its  stockholders,  the  names  and
      places  of  residence  of  its  officers,  and  its  principal  place of
      business.  Any such certificate, the record thereof, or a certified copy
      of such certificate or record shall be presumptive evidence of the truth
      of all facts therein stated against such association, its  officers  and
      stockholders.    The  officers  of a joint-stock association who fail to
      comply with  the  provisions  of  this  section  shall  be  jointly  and
      severally  liable  to pay to the people of this state a penalty of fifty
      dollars for each day such failure continues.