Procurement of Loan; Receipt of Gratuity or Consideration Prohibited.

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Sec. 3507.

An officer, director, or employee of a bank shall not receive, or consent, or agree to receive from a customer of the bank any consideration or gratuity in return for the procurement of a loan or other service from the bank.

History: 1999, Act 276, Eff. Mar. 1, 2000


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