Section 9. A licensee shall annually make a report to the commissioner, on or before a date to be determined by the commissioner, and at such other times as the commissioner may specify, in such form as the commissioner may prescribe, which form shall disclose the condition of the licensee as of the close of business on such day as the commissioner may prescribe.
A licensee who fails to make such annual report or fails to amend such report within fifteen days of notice from the commissioner to so amend such report shall, unless such failure is for good cause, pay to the commonwealth five dollars for each day which such neglect or failure continues.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 169 - Receipts of Deposits for Transmittal to Foreign Countries
Section 1 - Application of Chapter
Section 2 - Bond; Amount; Condition
Section 3 - Bonds; Requirements; Issuance and Revocation of Licenses; Trust Fund for Depositors
Section 4 - Bonds; Duty of State Treasurer to Keep Record; Public Inspection
Section 6 - Licenses; Multi-State Licensing System
Section 7 - Commissioner; Rules and Regulations
Section 8 - Money Received for Transmission; Receipts
Section 9 - Licensees' Annual Report
Section 10 - Books and Accounts; Inspections
Section 11 - Investigation of Persons Other Than Licensees
Section 12 - Revocation, Suspension or Surrender of Licenses
Section 13 - Cease and Desist Orders
Section 14 - Restraint Orders; Receivers