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2019 Code of Alabama
Title 5 - Banks and Financial Institutions.
Chapter 6A - Directors, Officers, and Employees.
Article 2 - Prohibited Acts.
Section 5-6A-25 - Fraudulent representation as to capital, false reports, etc., as to condition of bank, etc.
Universal Citation: AL Code § 5-6A-25 (2019)
Section 5-6A-25Fraudulent representation as to capital, false reports, etc., as to condition of bank, etc.
Any director, officer, or employee of a bank who knowingly, by newspaper advertisement or otherwise, represents its capital to be in excess of the actual capital accounts or knowingly concurs in making or publishing any materially false written report, exhibit, or statement of its financial condition, making any material statement which is false, or refuses or intentionally neglects to make any report or statement required by Chapters 1A through 13B and Chapter 20 of this title is guilty of a felony.
(Acts 1980, No. 80-658, §5-6-25; Acts 1995, No. 95-115, p. 134, §73.)
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