Title: Section 790.12 - Reporting by business corporations

790.12 Reporting by business corporations. Within 30 days after the approval of establishment, the corporation shall furnish to the department a list of the names of all of the shareholders and the number and percent of the total issued and outstanding shares of the corporation held by each, duly certified by the secretary of the corporation as to completeness and accuracy, and shall thereafter furnish such a certified list at annual intervals. Failure to comply with the provisions of this section shall constitute sufficient grounds for the revocation, limitation or annulment of the approval of establishment.