Montana Statutes
§ 32-1-510 — Penalty For Maliciously Declaring Bank Insolvent
Montana·Title 32 FINANCIAL INSTITUTIONS·Ch. 1 BANKS AND TRUST COMPANIES·Part 5 Dissolution, Closing, and Liquidation
32-1-510 . Penalty for maliciously declaring bank insolvent. If, as a result of malice or for personal gain, an employee or agent of the department declares a bank insolvent, the employee or agent is subject to a fine not exceeding $1,000 or imprisonment in the county jail not exceeding 1 year, or both, and shall forfeit the employee's or agent's office.
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Legislative History
En. Sec. 122, Ch. 89, L. 1927; re-en. Sec. 6014.132, R.C.M. 1935; amd. Sec. 44, Ch. 431, L. 1975; R.C.M. 1947, 5-1102; amd. Sec. 1017, Ch. 56, L. 2009.
Nearby Sections
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§ 32-1-1001
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Appointment Of Foreign Trust Companies§ 32-1-1004
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Rights And Duties§ 32-1-1007
Solicitation Of Business§ 32-1-101
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