§ 23-5-2-8

Any willful violation of any of the provisions of this chapter, by any association or corporation organized under or by virtue of this chapter, shall forfeit all rights of such corporation or association acquired under this chapter, and it may be proceeded against by information as, by law, in other cases provided.Formerly: Acts 1875, c.5, s.8. As amended by P.L.34-1987, SEC.332.