76-3-303 - Additional sanctions against corporation or association -- Advertising of conviction -- Disqualification of officer.
76-3-303. Additional sanctions against corporation or association -- Advertising ofconviction -- Disqualification of officer.
(1) When a corporation or association is convicted of an offense, the court may, inaddition to or in lieu of imposing other authorized sanctions, require the corporation orassociation to give appropriate publicity of the conviction by notice to the class or classes ofpersons or section of the public interested in or affected by the conviction, by advertising indesignated areas, or by designated media or otherwise.
(2) When an executive or high managerial officer of a corporation or association isconvicted of an offense committed in furtherance of the affairs of the corporation or association,the court may include in the sentence an order disqualifying him from exercising similar functionsin the same or other corporations or associations for a period of not exceeding five years if it findsthe scope or willfulness of his illegal actions make it dangerous or inadvisable for such functionsto be entrusted to him.
Enacted by Chapter 196, 1973 General Session