9-1717. Prohibition against felon from serving as director, officer or employee.

9-1717

Chapter 9.--BANKS AND BANKING; TRUST COMPANIES
Article 17.--BANKING CODE; SUPERVISION; COMMISSIONER

      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 $100 for each day the violation continues.

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