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This entry was published on 2014-09-22
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SECTION 132
Use of sign, or words, indicating bank or trust company by unauthorized persons prohibited
Banking (BNK) CHAPTER 2, ARTICLE 3
§ 132. Use of sign, or words, indicating bank or trust company by
unauthorized persons prohibited.

No person, except a national bank, a federal reserve bank, or a
corporation duly authorized by the superintendent to transact business
in this state, shall make use of any office sign at the place where such
business is transacted having thereon any artificial or corporate name,
or other words indicating that such place or office is the place of
business or office of a bank or trust company; nor shall any such person
or persons make use of or circulate any letterheads, billheads, blank
forms, notes, receipts, certificates, circulars, or any written or
printed or partly written and partly printed paper whatever, having
thereon any artificial or corporate name, or other word or words,
indicating that such business is the business of a bank or trust
company; provided, however, that nothing in this section shall be deemed
to prevent a bank holding company from using any corporate name it is
duly authorized to use under subdivision (b) of section three hundred
two of the business corporation law.