Section 1127.02 | Insolvent bank receiving deposit.
Effective:
January 1, 1997
Latest Legislation:
House Bill 538 - 121st General Assembly
No regulated person shall receive, or permit to be received, money, checks, drafts, or other property as a deposit in a bank, when the regulated person knows the bank is insolvent.
Available Versions of this Section
- January 1, 1997 – House Bill 538 - 121st General Assembly [ View January 1, 1997 Version ]