General Laws of Massachusetts - Chapter 168 Savings Banks - Section 22 Misconduct of officer, director, trustee or employee

Section 22. Any officer, director, trustee or employee of any bank, who knowingly and wilfully does any act forbidden to him or to such bank by any provision of chapters one hundred and sixty-seven, one hundred and sixty-seven A to one hundred and sixty-seven G, inclusive, one hundred and sixty-eight, and one hundred and eighty-three as such provisions are applicable to such officer or to such bank or who knowingly and wilfully aids or abets the doing of any act so forbidden to such bank or to any other officer, director, trustee, agent or employee thereof, or who knowingly and wilfully fails to do any act required of him by any such provision, or who knowingly and wilfully fails to do any act which is required of such bank by any such provision the performance of which is placed upon him by section twenty-one, shall, if no other penalty against him in his aforesaid capacity is specifically provided, be punished by a fine of not more than one thousand dollars or by imprisonment for not more than one year, or both.

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Last modified: September 11, 2015