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Session Laws, 1964
Volume 672, Page 335   View pdf image (33K)
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J. MILLARD TAWES, Governor                      335

deemed guilty of a misdemeanor, and if found guilty shall be fined
not more than one thousand dollars or be imprisoned for not more
than three years, or both.

19.

If in the opinion of the Bank Commissioner any banking insti-
tution, and any of the officers, managers and trustees of any banking
institution, have violated any of the provisions of this or any law
governing, the same, he may forthwith report such violation to the
Governor of the State, who may direct the Attorney General to insti-
tute a proper proceeding for the prosecution for such violation.]

18.

If in the judgment of the Commissioner any banking institution
operating under the provisions of this article or any other law, and/or
any of its directors, officers, trustees, managers, agents, clerks or
employees, has violated any of the provisions of this article or any
other law pertaining to such an institution, he shall forthwith report
such violation to the Governor of the State, who shall direct the At-
torney General to institute a proper proceeding for the prosecution
of such violation.

Such violation shall be a misdemeanor and if the accused shall be
found guilty he shall be fined not more than three thousand dollars
($3,000.00) or be imprisoned for not more than five (5) years or
both.

[21.

The Bank Commissioner shall examine each statement received, as
provided to be made in this article by the banking institutions, and
when in his judgment any irregularities or bad management are dis-
closed therein, or such statement is not furnished within the time
limit required, or if furnished, does not in all respects conform to
the requirements set forth in this article, he shall examine into the
condition and verify the report of any such institution.]

22.

The [Bank] Commissioner, his deputy, attorney and every clerk
or examiner in his department shall be bound by oath to keep secret
all the facts and information obtained in the course of such examina-
tion, except so far as the public duty of such officer requires him to
report upon or take special action regarding the affairs of any bank-
ing institution, and except when called as a witness in any criminal
proceeding or trial in a court of justice. If any [Bank] Commis-
sioner, deputy, clerk or examiner in such department shall disclose the
name of any debtor of any banking institution, or anything relative
to the private accounts or transactions of such institution, or shall
disclose any fact discovered in the course of his examination, except
as herein provided, he shall be subject, on conviction thereof, to for-
feiture of his office, and to the payment of not more than one thou-
sand dollars or imprisonment not more than two years, or both.

Provided, that upon the request of any banking institution which
desires and has made application for membership in or which is a
member of the federal reserve system or the Federal Deposit Insur-
ance Corporation,
together with the request of the federal reserve
bank of the district in which said institution is located or of the Fed-

 

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Session Laws, 1964
Volume 672, Page 335   View pdf image (33K)
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