§ 53-355 — Certain criminal offenses

North Carolina § 53-355

• Jurisdiction: North Carolina
• Ch. 53: Regulation of Financial Services
• Art. 24: Trust Companies and Interstate Trust Business

Text

(a) An officer, director, employee, or shareholder of a State trust company commits an offense if the person knowingly:
(1) Conceals information or a fact, or removes, destroys, or conceals a book or record of the State trust company for the purpose of concealing information or a fact, from the Commissioner or an agent of the Commissioner; or
(2) For the purpose of concealing information or a fact, removes or destroys any book or record of the State trust company that is material to a pending or anticipated legal or administrative proceeding.
(b) An officer, director, or employee of a State trust company commits an offense if the person knowingly makes a false entry in the books or records or in any report or statement of the State trust company.
(c) An offense under the provisions of this section shall be a Class H felony. (2001-263, s. 1.)