N.Y. Tax Law § 275-a: Registration; penalty for failure

§ 275-a. Registration; penalty for failure. Every person acting

individually or as a trustee, firm, company, association or corporation

engaged in whole or in part in the making or negotiating of sales,

agreements to sell, deliveries or transfers of shares or certificates

taxable under this article, or conducting or transacting a stock

brokerage business, and every corporation, stock association, company or

trustee which shall maintain a principal office or place of business

within the state or which shall keep or cause to be kept within the

state of New York a place for the sale, transfer or delivery of its

stock, or other certificates included within this article, shall within

ten days after the amendment to this section shall take effect if such a

certificate shall not have been theretofore filed with the state

comptroller, or within ten days after engaging in such business or after

establishing such principal office or place of business, or such place

for the sale or transfer of its certificates, as the case may be, file

in the office of the tax commission a certificate setting forth the name

under which such business is, or is to be, conducted or transacted, and

the true or real full name or names of the person or persons conducting

or transacting the same, with the post office address or addresses of

said person or persons, unless the party so certifying be a corporation

or trustee, in which event it shall set forth its said principal office

or place of business and when and where incorporated or organized. Said

certificate shall be executed and duly acknowledged by the person or

persons so conducting or intending to conduct said business or by the

president or secretary of the corporation as the case may be.

In the event of a change in the persons composing such firm, company

or association or of the persons acting as such trustees or of the

address of any such person, firm, company, association, corporation or

trustees, or termination of such business or relationship, a like

certificate setting forth the facts with respect to such change or

termination shall within ten days thereafter be filed in the office of

the tax commission.

Any such person acting individually or as a trustee, firm, company,

association or corporation who shall fail to comply with the provisions

of this section shall be guilty of a misdemeanor, and upon conviction

thereof shall pay a fine of not less than one hundred dollars nor more

than five hundred dollars or be imprisoned for not more than six months

or by both such fine and imprisonment, in the discretion of the court.