Receiving deposits when insolvent — Penalty.

An officer, director or employee of any bank or trust company who shall fraudulently receive for it any deposit, knowing that such bank or trust company is insolvent, is guilty of a class B felony punishable according to chapter 9A.20 RCW.

[2003 c 53 § 191; 1955 c 33 § 30.44.120. Prior: 1933 c 42 § 26; 1917 c 80 § 81; RRS § 3288.]

Notes: Intent -- Effective date -- 2003 c 53: See notes following RCW 2.48.180.

Receiving deposits after insolvency prohibited: State Constitution Art. 12 § 12.