Section 27-34-38 - Annual statements - Failure to file.

AL Code § 27-34-38 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

A society neglecting to file the annual statement in the form and within the time provided by this chapter shall forfeit $100.00 for each day during which such neglect continues; and, upon notice by the commissioner to that effect, its authority to do business in this state shall cease while such default continues.