New York § 662 Bank officer or employee overdrawing his account or asking for or receiving commissions or gratuities from persons procuring loans or mak...

New York Statutes

§ 662 — Bank officer or employee overdrawing his account or asking for or receiving commissions or gratuities from persons procuring loans or mak...

New York § 662

Law BNKBanking

Art. 13-DMisconduct Relating to Banking Organizations

This text of New York § 662 (Bank officer or employee overdrawing his account or asking for or receiving commissions or gratuities from persons procuring loans or mak...) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Banking § 662 (2026).

Text

  § 662. Bank officer or employee overdrawing his account or asking for\nor receiving commissions or gratuities from persons procuring loans or\nmaking overdrafts of their accounts. Any officer, director, agent,\nteller, clerk or employee of any bank, banking association, savings\nbank, trust company or private banker, who:\n  1. Knowingly overdraws his account with such bank, banking\nassociation, savings bank, trust company or private banker, and thereby\nobtains the money, notes or funds of any such bank, banking association,\nsavings bank, trust company or private banker; or\n  2. Asks or receives, or consents or agrees to receive, any commission,\nemolument, gratuity or reward, or any promise of any commission,\nemolument, gratuity or reward, or any money, property or thing of value\n

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§ 662. Bank officer or employee overdrawing his account or asking for\nor receiving commissions or gratuities from persons procuring loans or\nmaking overdrafts of their accounts. Any officer, director, agent,\nteller, clerk or employee of any bank, banking association, savings\nbank, trust company or private banker, who:\n 1. Knowingly overdraws his account with such bank, banking\nassociation, savings bank, trust company or private banker, and thereby\nobtains the money, notes or funds of any such bank, banking association,\nsavings bank, trust company or private banker; or\n 2. Asks or receives, or consents or agrees to receive, any commission,\nemolument, gratuity or reward, or any promise of any commission,\nemolument, gratuity or reward, or any money, property or thing of value\nor of personal advantage, for procuring or endeavoring to procure for\nany person, firm or corporation, any loan from, or the purchase or\ndiscount of any paper, note, draft, check or bill of exchange, by any\nsuch bank, banking association, savings bank, trust company or private\nbanker, or for permitting any person, firm or corporation to overdraw\nany account with such bank, banking association, savings bank, trust\ncompany or private banker,\n Is guilty of a misdemeanor.\n