Sec. 99.
Certifying checks without amount thereof actually standing to credit of drawer—It shall not be lawful for any officer, clerk, agent or employe of a bank to certify a check unless the amount thereof actually stands to the credit of the drawer upon the books of the bank, or to resort to any device, or receive any fictitious obligations, direct or collateral, in order to evade the provisions of this prohibition; and any officer, clerk, agent or employe who shall attempt any such evasion shall be guilty of a felony.
History: 1931, Act 328, Eff. Sept. 18, 1931 ;-- CL 1948, 750.99
Former Law: See section 51 of Act 66 of 1929, being CL 1929, § 11948.
Last modified: October 10, 2016