338. Penalty for destruction, falsification, etc., of books Flashcards
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- Penalty for destruction, falsification, etc., of books
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General overview
[338.01] This section provides that every officer or contributory of any company which is being wound up who destroys, mutilates, alters or falsifies any books, papers, securities, or makes or is privy to the making of any false or fraudulent entry in any register or book of account or document belonging to the company with intent to defraud or deceive any person shall be guilty of an offence and liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding two years.
