§ 44-14-32 - Penalty for violations by banks.
SECTION 44-14-32
§ 44-14-32 Penalty for violations bybanks. – Whenever any banking institution delivers or discloses or causes to bedelivered or disclosed to the tax administrator any false or fraudulent return,account, or statement, with intent to defeat or evade any tax imposed underthis chapter, or being summoned to appear to testify or to appear and producebooks as required under this chapter, neglects to appear or to produce books,the banking institution shall be fined not exceeding ten thousand dollars($10,000).