Rhode Island General Laws 5-67.1-2. Penalties
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Any person or persons, corporation, partnership, or other business organization carrying on, conducting, or transacting business as previously stated, who or that fails to comply with the provisions of this chapter, shall be fined in an amount not exceeding five hundred dollars ($500).
History of Section.
P.L. 2005, ch. 24, § 1; P.L. 2005, ch. 101, § 1.
Terms Used In Rhode Island General Laws 5-67.1-2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6