41-4-7. Violation by corporation -- Penalty.
For a violation of any of the provisions of this act by any corporation or association
mentioned herein, it shall be the duty of the attorney general or the district attorney of the proper
county, to institute proper suits or quo warranto proceedings in any court of competent
jurisdiction for the forfeiture of its charter rights, franchises or privileges and powers exercised by
such corporation or association, and for the dissolution of the same under the general statutes of
the state.
No Change Since 1953
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Last revised: Wednesday, July 23, 2008