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Code · Florida · Title XXXVIII — Banks and Banking · Chapter 655

655.942 Standards of conduct; institutions.

69 words·~1 min read·/fl/title-xxxviii/chapter-655/655-942·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)A financial institution that is licensed or authorized to do business pursuant to the financial institutions codes, or its officers, directors, or employees may not make or grant any loan or gratuity to any employee of the office who has authority to examine or otherwise supervise such financial institution.
(2)A financial institution which violates this section shall be subject to penalties as provided in s. 655.041 .
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