Section 3. The trustees of an association or trust who own or control a majority of the capital stock of a railroad, street railway, electric railroad, elevated railway, gas, electric or water company, or corporation engaged in the common carriage of passengers by motor vehicle shall also file a copy of the written instrument or declaration of trust creating it with the department and shall also within thirty days after the adoption of any amendment of such instrument or declaration file a copy thereof with the department. Every such trustee who fails to comply with the foregoing requirements shall be punished by a fine of not more than five hundred dollars or by imprisonment for three months.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 182 - Voluntary Associations and Certain Trusts
Section 2a - Names of or Similar to Other Businesses; Enjoining Violations
Section 2b - Investment Company Trust; Trustee
Section 4 - Trusts Owning or Controlling Certain Public Utilities; Annual Statement
Section 5a - Trusts; Professional Relationships
Section 6 - Suits Against Associations or Trusts; Seals
Section 9 - Refusal to Submit to Investigation or Examination
Section 10 - Jurisdiction in Equity
Section 11 - Application of Chapter to Rates or Services
Section 13 - Examination of Report; Approval; Endorsement; Filing; Fee