9-1717. Prohibition against felon from serving as director, officer or employee.
9-1717
9-1717. Prohibition against felon from serving as director, officer or employee.
(a) Except with the written consent of the commissioner, no
person shall serve as a director, officer or employee of a bank who has
been convicted, or who is hereafter convicted, of any felony or any crime involving
dishonesty or a breach of trust.
(b) Any bank which willfully violates subsection (a), shall be deemed
guilty of a misdemeanor and upon conviction shall be punished by a fine of
$100 for each day the violation continues.
History: L. 1984, ch. 48, § 1; July 1.