§ 663. Receiving deposits in insolvent bank.
117 words·~1 min read·
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§ 663. Receiving deposits in insolvent bank. An officer, agent, teller
or clerk of any bank, banking association or savings bank, and every
private banker or his agent and any teller or clerk of a private banker
or any officer, agent or clerk of any corporation transacting any part
of the business which a banking corporation is authorized by law to
transact who receives any deposit, knowing that such bank or association
or banker or corporation is insolvent, is guilty of a misdemeanor, if
the amount or value of such deposit be less than twenty-five dollars; if
the amount or value of such deposit be twenty-five dollars or over, such
person shall be guilty of a felony.