- (a) An officer or employee of a banking institution may not accept a deposit knowing that the institution is insolvent.
- (b) An officer or employee who violates any provision of this section is guilty of a misdemeanor and on conviction is subject to imprisonment in the State Penitentiary for a period not exceeding 3 years.
Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1991, c. 371.
Formerly Art. 11, § 75.