9-2016. Unlawfully transacting banking or trust business; penalty. It shall be unlawful to transact a banking business or trust business without having first received a certificate from the commissioner. Any person violating the provisions of this section, either individually or as an interested party, in any association or corporation, shall be guilty of a misdemeanor, and on conviction shall be fined in a sum of not less than $300 nor more than $1,000 or by imprisonment for not less than 30 days nor more than one year, or by both such fine and imprisonment. |
