Pennsylvania § 4112 Receiving deposits in a failing financial institution

Pennsylvania Statutes

§ 4112 — Receiving deposits in a failing financial institution

Pennsylvania § 4112

Title 18CRIMES AND OFFENSES

PartPART II

Ch. 41FORGERY AND FRAUDULENT PRACTICES

This text of Pennsylvania § 4112 (Receiving deposits in a failing financial institution) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

18 Pa. Cons. Stat. § 4112 (2026).

Text

An officer, manager or other person directing or participating in the direction of a financial institution commits a misdemeanor of the second degree if he receives or permits the receipt of a deposit, premium payment or other investment in the institution knowing that:

(1)due to financial difficulties the institution is about to suspend operations or go into receivership or reorganization; and

(2)the person making the deposit or other payment is unaware of the precarious situation of the institution.

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An officer, manager or other person directing or participating in the direction of a financial institution commits a misdemeanor of the second degree if he receives or permits the receipt of a deposit, premium payment or other investment in the institution knowing that:

(1) due to financial difficulties the institution is about to suspend operations or go into receivership or reorganization; and

(2) the person making the deposit or other payment is unaware of the precarious situation of the institution.