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All transfers of notes, bonds, bills of exchange or credits of any bank or foreign bank or of deposits to the credit thereof, and all assignments of mortgages, security on real property, or of judgments or decrees in favor of such bank, and all deposits of money, gold and silver in bars, or other thing of value for its use or for the use of its stockholders and creditors, and all payments of money to such stockholders or creditors, made after being in a state of insolvency, as defined in this title, or in the expectation thereof, with the intent of preventing the application of the assets of such bank in the manner herein prescribed, or with the intent of giving preference to one creditor over another, shall be null and ineffective, and no attachment, foreclosure or writ of injunction shall issue against such bank or foreign bank, against its properties, before final judgment is rendered in any suit, action or proceedings in the District or Superior Court.
Whoever, being a director of a bank or foreign bank, knowingly violates or knowingly allows any officer, agent or employee thereof to violate this section, shall be fined not more than $3,000 or imprisoned not more than five years, or both.