Unlawful Investments by Officers of Mutual Savings Banks.

  1. Law
  2. New York Laws
  3. Banking
  4. Misconduct Relating to Banking Organizations
  5. Unlawful Investments by Officers of Mutual Savings Banks.

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§ 664. Unlawful investments by officers of mutual savings banks. Any officer or trustee of a mutual savings bank authorizing or making any investment of the funds of the bank in securities not authorized by law, is guilty of a misdemeanor.



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