New York Banking Code § 663

Receiving deposits in insolvent bank
Open in Lexace · Ask the AI about this section
§ 663. Receiving deposits in insolvent bank. An officer, agent, teller\nor clerk of any bank, banking association or savings bank, and every\nprivate banker or his agent and any teller or clerk of a private banker\nor any officer, agent or clerk of any corporation transacting any part\nof the business which a banking corporation is authorized by law to\ntransact who receives any deposit, knowing that such bank or association\nor banker or corporation is insolvent, is guilty of a misdemeanor, if\nthe amount or value of such deposit be less than twenty-five dollars; if\nthe amount or value of such deposit be twenty-five dollars or over, such\nperson shall be guilty of a felony.\n

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.