Unlawfully transacting banking or trust business; penalty

9-2016. Unlawfully transacting banking or trust business; penalty. It shall be unlawful to transact a banking business or trust business without having first received a certificate from the commissioner. Any person violating the provisions of this section, either individually or as an interested party, in any association or corporation upon conviction shall be guilty of a class B, nonperson misdemeanor. History: L. 1947, ch. 102, § 140; L. 1989, ch. 48, § 63; L. 2015, ch. 38, § 140; July 1. Source or prior law: 9-120. Attorney General's Opinions: Incorporation and organization of savings and loan; change of name; use of word "bank". 84-87. Deposit of public funds; amount of required security; custody receipts. 93-91.