Sec. 100.
Receiving deposits, etc., when bank is insolvent—The directors and officers of any
commercial and/or savings bank, industrial bank or trust company who shall fraudulently and
with intent to cheat and defraud any person, receive any deposit, money, or property or issue
any certificate of investment and receive payment therefor, knowing, or having good reason to
believe that such bank or company is insolvent, shall be guilty of a felony, punishable by
imprisonment in the state prison not more than 5 years or by fine of not more than 2,500
dollars.§ 750.100Bank insolvency; receiving deposits
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