Section 42-7-66 - Investigation of stock ownership--Failure to disclose.

42-7-66. Investigation of stock ownership--Failure to disclose. The commission may conduct investigations to ascertain if any capital stock of any corporate applicant is held for an undisclosed principal. Failure to disclose a principal is a material false statement.

Source: SL 1978, ch 302, § 18; SL 1991, ch 349, § 18.