32-1-510: Penalty for maliciously declaring bank insolvent.
Where this section sits in the code
- TITLE 32. FINANCIAL INSTITUTIONS
- CHAPTER 1. BANKS AND TRUST COMPANIES
- Part 5. Dissolution, Closing, and Liquidation
If, as a result of malice or for personal gain, an employee or agent of the department declares a bank insolvent, the employee or agent is subject to a fine not exceeding $1,000 or imprisonment in the county jail not exceeding 1 year, or both, and shall forfeit the employee's or agent's office.
Collected 2026-09-14T04:51:51Z. Source file · JSON