9-2010.   Insolvent bank receiving deposits; penalty.No bank shall accept or receive on deposit, with or without interest,any money, bank bills or notes, or United States treasury notes, gold orsilver certificates, or currency, or other notes, bills, checks, or drafts,when such bank is insolvent; and any officer, director, cashier, manager,member, partner or managing partner of any bank, who shall knowinglyviolate the provisions of this section or be accessory to or permit orconnive at the receiving or accepting on deposit of any such deposit, shallbe guilty of a felony, and upon conviction thereof shall be punished by afine not exceeding $5,000, or by imprisonment in thecustody of the secretary of corrections not lessthan one year nor more than five years, or by both such fine andimprisonment.

      History:   L. 1947, ch. 102, § 134;L. 1990, ch. 309, § 5; May 24.