New York Statutes

§ 664 — Unlawful investments by officers of mutual savings banks

New York·Law BNK Banking·Art. 13-D Misconduct Relating to Banking Organizations
§ 664. Unlawful investments by officers of mutual savings banks. Any\nofficer or trustee of a mutual savings bank authorizing or making any\ninvestment of the funds of the bank in securities not authorized by law,\nis guilty of a misdemeanor.\n

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