32-1-510. Penalty for maliciously declaring bank insolvent, MCA
  1. MCA Contents
  2. TITLE 32
  3. CHAPTER 1
  4. Part 5
  5. 32-1-510 Penalty for maliciously declaring bank insolvent

Montana Code Annotated 2017

TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 1. BANKS AND TRUST COMPANIES

Part 5. Dissolution, Closing, and Liquidation

Penalty For Maliciously Declaring Bank Insolvent

32-1-510. Penalty for maliciously declaring bank insolvent. If, as a result of malice or for personal gain, an employee or agent of the department declares a bank insolvent, the employee or agent is subject to a fine not exceeding $1,000 or imprisonment in the county jail not exceeding 1 year, or both, and shall forfeit the employee's or agent's office.

History: En. Sec. 122, Ch. 89, L. 1927; re-en. Sec. 6014.132, R.C.M. 1935; amd. Sec. 44, Ch. 431, L. 1975; R.C.M. 1947, 5-1102; amd. Sec. 1017, Ch. 56, L. 2009.