Section 384:18 Prohibited Fees, etc.

No officer or employee of an institution under the supervision of the bank commissioner shall directly or indirectly receive any fee, present, or benefit whatever from any borrower or applicant for a loan from such institution as an inducement to making the loan, or from any one negotiating securities to the institution, except the usual compensation for drawing mortgages and other papers pertaining to the loan; nor shall any such officer or employee negotiate loans in his own behalf with himself as an official of the bank.

Source. 1885, 83:1. PS 165:30. PL 260:18. RL 308:19.