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2017 Pennsylvania Consolidated Statutes
Title 18 - CRIMES AND OFFENSES
Chapter 41 - Forgery and Fraudulent Practices
Section 4112 - Receiving deposits in a failing financial institution
Universal Citation: 18 PA Cons Stat § 4112 (2017)
§ 4112. Receiving deposits in a failing financial institution.
An officer, manager or other person directing or participating in the direction of a financial institution commits a misdemeanor of the second degree if he receives or permits the receipt of a deposit, premium payment or other investment in the institution knowing that:
(1) due to financial difficulties the institution is about to suspend operations or go into receivership or reorganization; and
(2) the person making the deposit or other payment is unaware of the precarious situation of the institution.
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