Massachusetts Statutes

§ 6 — Fines and penalties for violations

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 167A BANK HOLDING COMPANIES

Section 6.

(a)Any company which knowingly violates any provision of this chapter or any regulation or order issued by the commissioner pursuant thereto may be punished by a fine of not more than one hundred dollars for each day during which such violation continues.
(b)Any individual who willfully participates in a violation of this chapter, or any rule or regulation of the commissioner issued pursuant thereto, shall be punished by a fine of not more than five thousand dollars.
(c)Any individual who swears or affirms that any report required by the commissioner pursuant to this chapter is true, knowing the same to be false, shall be punished by a fine of not more than five thousand dollars or by imprisonment for not more than one year, or both.
(d)Any officer, director, trustee, employee

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