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2016 Statute



Prev Article 17. - BANKING CODE; SUPERVISION; COMMISSIONERNext


9-1717. Prohibition against felon from serving as director, officer or employee. (a) Except with the written consent of the commissioner, no person shall serve as a director, officer or employee of a bank who has been convicted, or who is hereafter convicted, of any felony or any crime involving dishonesty or a breach of trust.

(b) Any bank which willfully violates subsection (a), shall be deemed guilty of a misdemeanor and upon conviction shall be punished by a fine of $1,000 for each day the violation continues.

History: L. 1984, ch. 48, § 1; L. 2015, ch. 38, § 108; July 1.



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2020. Powered by KLISS. Rendered: 2020-04-05T05:58:01. Head Rev No: 634174