18 Pa.C.S. § 4112: Receiving deposits in a failing financial institution.
Where this section sits in the code
- Title 18 - CRIMES AND OFFENSES
- PART II DEFINITION OF SPECIFIC OFFENSES
- ARTICLE C OFFENSES AGAINST PROPERTY
- CHAPTER 41 FORGERY AND FRAUDULENT PRACTICES
An officer, manager or other person directing or participating in the direction of a financial institution commits a misdemeanor of the second degree if he receives or permits the receipt of a deposit, premium payment or other investment in the institution knowing that:
(1) due to financial difficulties the institution is about to suspend operations or go into receivership or reorganization; and
(2) the person making the deposit or other payment is unaware of the precarious situation of the institution.
Collected 2026-09-02T16:31:28Z. Source file · JSON