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It shall be unlawful for any director, officer, agent or employee of any bank or foreign bank to certify any check drawn upon said bank unless the person or company drawing the check has on deposit with the bank, at the time such check is certified, an amount not less than the amount specified in such check. Any check so certified by duly authorized officers shall be a valid obligation against such bank or foreign bank when in the hand of any person holding such check in good faith.
Whoever, being a director, officer, agent, or employee of a bank or foreign bank, knowingly violates this section, shall be fined not more than $5,000 or imprisoned not more than five years, or both.