1. The Laws of New York
  2. Consolidated Laws
  3. Banking
  4. Article 13-D: Misconduct Relating To Banking Organizations


Section 673 Abstraction or misappropriation of money, funds or property, or misapplication of credit of private bankers or corporations to which the ...

Banking (BNK)

Abstraction or misappropriation of money, funds or property, or misapplication of credit of private bankers or corporations to which the banking law is applicable, by an officer, director, trustee, employee or agent thereof. Any officer, director, trustee, employee or agent of any corporation to which the banking law is applicable, or any employee or agent of any private banker, who abstracts or wilfully misapplies any of the money, funds or property of such corporation or private banker, or wilfully misapplies its or his credit, is guilty of a felony. Nothing in this section shall be deemed or construed to repeal, amend or impair any existing provision of law prescribing a punishment for any such offense.