N.Y. BNK Law § 663
This is the official text of N.Y. BNK Law § 663, part of New York’s BNK Law — part of the compiled statutory law of New York, published by the state as "BNK Law." Browse the sections below, each linked to its official government source.
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Receiving deposits in insolvent bank
Official statutory text
§ 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
Status: in_force · Read it on the official government site
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