(1) An officer, director, agent or employee of an institution shall not ask for, receive or agree to receive any money, property or thing of value or of personal advantage, for:
(a) Procuring or endeavoring to procure for any person any loan from, or the purchase or discount of any paper, note, draft, check or bill of exchange by, the institution.
(b) Permitting any person to overdraw any account with the institution.
(2) An officer, director, stockholder, employee or agent of an institution shall not abstract or willfully misapply any of the property of the institution, or willfully misapply its credit. [1997 c.631 §199]Section: Previous 708A.575 708A.580 708A.585 708A.590 708A.595 708A.600 708A.605 708A.630 708A.635 708A.640 708A.645 708A.650 708A.655 708A.990 708A.995 Next
Last modified: August 7, 2008