LD 1567
pg. 21
Page 20 of 179 PUBLIC Law Chapter 452 Page 22 of 179
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LR 526
Item 1

 
The acts set forth in this section shall be are unlawful and shall
be deemed are criminal offenses unless otherwise provided.

 
1. Copying records of financial institutions. Any A director,
corporator, officer, agent or employee of a financial institution
who copies any of the books, papers, records or documents
belonging to or in the custody of such institution, either for
his that person's own use or for the use of any other person
other than in the ordinary and regular course of his that
person's duties, shall be punished by a fine of not more than
$1,000 or by imprisonment for not more than 11 months, or by both
commits a Class E crime.

 
2. Disclosures by service corporation employees. Any
information derived from financial institution records or sources
by personnel of a service corporation formed pursuant to section
445 shall may not be disclosed except in the regular course of
business. Whoever A person who violates this subsection shall be
punished by a fine of not more than $1,000 or by imprisonment for
not more than 11 months, or by both commits a Class E crime.

 
3. Violation of orders. No A person shall may not violate any
an order of the superintendent lawfully served upon him that
person.

 
4. Unauthorized business. A person may not engage in the
business of banking unless the person is properly authorized, nor
may a person represent that that person is acting as a financial
institution, nor use an artificial or corporate name that
purports to be or suggests that the person is a financial
institution unless the financial institution is properly
authorized to do business in this State and except as provided in
section 241, subsection 12.

 
5. Procuring loans. No A director, corporator, officer,
agent, employee or attorney of a financial institution shall may
not stipulate for or receive or consent or agree to receive any
fee, commission, gift or thing of value, from any a person, firm
or corporation for procuring or endeavoring to procure for such
the person, firm or corporation, or for any other person, firm or
corporation, from any such financial institution, any a loan or
extension or renewal of loan or substitution of security, or the
purchase or discount or acceptance of any a paper, note, draft,

 
check or bill of exchange by any such financial institution.
Nothing contained in this This subsection shall may not be
construed to refer to the expenses of examining titles, drafting
conveyances and mortgages and the performance of other purely
legal services.


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