17-5529. Same; failure to file; penalty.
17-5529
17-5529. Same; failure to file; penalty.
Failure to file any such instrument either with the commissioner or the
secretary of state shall not affect the validity of such conversion, but
such failure shall subject the association to a penalty of fifty dollars
for each day's failure after the time limit specified in this act.
History: L. 1943, ch. 133, § 107; July 1.