§ 275-A — Registration; penalty for failure

§ 275-a. Registration; penalty for failure. Every person acting\nindividually or as a trustee, firm, company, association or corporation\nengaged in whole or in part in the making or negotiating of sales,\nagreements to sell, deliveries or transfers of shares or certificates\ntaxable under this article, or conducting or transacting a stock\nbrokerage business, and every corporation, stock association, company or\ntrustee which shall maintain a principal office or place of business\nwithin the state or which shall keep or cause to be kept within the\nstate of New York a place for the sale, transfer or delivery of its\nstock, or other certificates included within this article, shall within\nten days after the amendment to this section shall take effect if such a\ncertificate shall not have been theretofore filed with the state\ncomptroller, or within ten days after engaging in such business or after\nestablishing such principal office or place of business, or such place\nfor the sale or transfer of its certificates, as the case may be, file\nin the office of the tax commission a certificate setting forth the name\nunder which such business is, or is to be, conducted or transacted, and\nthe true or real full name or names of the person or persons conducting\nor transacting the same, with the post office address or addresses of\nsaid person or persons, unless the party so certifying be a corporation\nor trustee, in which event it shall set forth its said principal office\nor place of business and when and where incorporated or organized. Said\ncertificate shall be executed and duly acknowledged by the person or\npersons so conducting or intending to conduct said business or by the\npresident or secretary of the corporation as the case may be.\n In the event of a change in the persons composing such firm, company\nor association or of the persons acting as such trustees or of the\naddress of any such person, firm, company, association, corporation or\ntrustees, or termination of such business or relationship, a like\ncertificate setting forth the facts with respect to such change or\ntermination shall within ten days thereafter be filed in the office of\nthe tax commission.\n Any such person acting individually or as a trustee, firm, company,\nassociation or corporation who shall fail to comply with the provisions\nof this section shall be guilty of a misdemeanor, and upon conviction\nthereof shall pay a fine of not less than one hundred dollars nor more\nthan five hundred dollars or be imprisoned for not more than six months\nor by both such fine and imprisonment, in the discretion of the court.\n