New Jersey § 2C:21-14 Receiving deposits in a failing financial institution

New Jersey Statutes

§ 2C:21-14 — Receiving deposits in a failing financial institution

New Jersey § 2C:21-14

Title 2CTHE NEW JERSEY CODE OF CRIMINAL JUSTICE

This text of New Jersey § 2C:21-14 (Receiving deposits in a failing financial institution) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 2C:21-14 (2026).

Text

An officer, manager or other person directing or participating in the direction of a financial institution commits a crime of the fourth degree if he receives or permits the receipt of a deposit, premium payment or other investment in the institution knowing that: a. Due to financial difficulties the institution is about to suspend operations or go into receivership or reorganization; and b. The person making the deposit or other payment is unaware of the precarious situation of the institution. L.1978, c. 95, s. 2C:21-14, eff. Sept. 1, 1979.

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An officer, manager or other person directing or participating in the direction of a financial institution commits a crime of the fourth degree if he receives or permits the receipt of a deposit, premium payment or other investment in the institution knowing that: a. Due to financial difficulties the institution is about to suspend operations or go into receivership or reorganization; and b. The person making the deposit or other payment is unaware of the precarious situation of the institution. L.1978, c. 95, s. 2C:21-14, eff. Sept. 1, 1979.