Section 12

Act 11 of 1906 (Sp. Sess. 1), § 12, under STATE DEPOSITS REGULATED.

Act 11 of 1906 (Sp. Sess. 1), § 12

Section 12. It shall be a misdemeanor for any individual, whether a State officer, representative of a State officer, or a bank officer, or any representatives of a bank or bank officer, or officer of any trust company, or representative of any such officer, or any go-between, to pay, receive, offer, or request any money or valuable thing or promise for the use of such State moneys, other than the interest payable to the State; or for any person to secure, or assist in securing, a State deposit for his or her own personal gain or benefit. Said misdemeanor shall be punishable by a fine of not less than five hundred dollars and not less than one year's imprisonment for each offense.