§412:5A-212  Improper discounting of loans. No officer, director, agent or employee of an international bankingcorporation shall directly or indirectly, as an individual, purchase any loanor other obligation at a discount, or make any loan using a receivable ascollateral, when such person knows that the loan or other obligation has beenoffered to the corporation and has been refused.  Any violation of this sectionshall subject the violator to a civil penalty equal to twice the amount of theconsideration given for the loan. [L 1993, c 350, pt of §1]