2-19-140 - Penalty against corporation and officers. - Tennessee Statutes

2-19-140. Penalty against corporation and officers.

(a)  Any corporation offending against the provisions of this chapter may be found guilty, and it and its officers through whom such offense was committed shall be fined and the officers imprisoned as other persons under the provisions of this chapter.

(b)  Any corporation violating any of the provisions of § 2-19-126 or of § 2-19-134 shall in addition forfeit its charter and right to do business in this state.

[Acts 1972, ch. 740, § 1; T.C.A., § 2-1948.]