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The Laws of New York
Consolidated Laws of New York
CHAPTER 2
Banking
ARTICLE 13-D
Misconduct Relating to Banking Organizations
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SECTION 660
Misconduct of officers, directors, trustees, or employees of banking corporations and of private bankers
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ARTICLE 13-D
Misconduct Relating to Banking Organizations
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SECTION 662
Bank officer or employee overdrawing his account or asking for or receiving commissions or gratuities from persons procuring loans or mak...
This entry was published on 2014-09-22
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SECTION 661
Officer or agent of banking corporation or a private banker making guaranty or endorsement beyond the legal limit
Banking (BNK) CHAPTER 2, ARTICLE 13-D
§ 661. Officer or agent of banking corporation or a private banker
making guaranty or endorsement beyond the legal limit. An officer or
agent of any banking corporation, or a private banker or his agent, who
makes or delivers any guaranty or indorsement on behalf of such
corporation or private banker, whereby such corporation or private
banker may become liable on any of its or his discounted notes, bills or
obligations, in a sum beyond the amount of loans and discounts which
such corporation or private banker may legally make, is guilty of a
misdemeanor.