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December 07, 2025 Clouds | 40°F
The 194th General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XXII CORPORATIONS
  4. Chapter 169 RECEIPTS OF DEPOSITS FOR TRANSMITTAL TO FOREIGN COUNTRIES
  5. Section 16 Penalties

Section 16

Section 16: Penalties

[ Text of section effective until January 1, 2026. Repealed by 2024, 312, Sec. 2. See 2024, 312, Sec. 5.]

  Section 16. Whoever violates any provision of this chapter or any rule or regulation made hereunder by the commissioner shall be punished by a fine of not more than one thousand dollars or by imprisonment for not more than one year, or both.