§415-135 Penalties imposed upon corporations. Each corporation, domestic or foreign, that fails or refuses to file its annual report for any year within the time prescribed by this chapter shall be subject to a forfeiture of an amount to be determined by the director not exceeding $100 for every such violation, neglect, or failure, to be recovered by action brought in the name of the State by the director. A continuance of a failure to file the required report shall be a separate offense for each thirty days of the continuance. The director may, for good cause shown, reduce or waive the penalty imposed by this section.

Each corporation, domestic or foreign, that fails or refuses to answer truthfully and fully within the time prescribed by this chapter interrogatories directed to the corporation by the director in accordance with the provisions of this chapter, or that files or shall cause to be filed with the director any articles, statement, report, application, or other document required by this chapter which is known to the corporation to be false in any material respect, shall be guilty of a class C felony. [L 1983, c 167, pt of §1; am L 1985, c 270, §4; am L 1987, c 135, §96]