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New Jersey Statutes, Title: 2C, THE NEW JERSEY CODE OF CRIMINAL JUSTICE
Chapter 21: Forgery and Related Offenses
Section: 2C:21-14: Receiving deposits in a failing financial institution
An officer, manager or other person directing or participating in the direction of a financial institution commits a crime of the fourth degree if he receives or permits the receipt of a deposit, premium payment or other investment in the institution knowing that:
a. Due to financial difficulties the institution is about to suspend operations or go into receivership or reorganization; and
b. The person making the deposit or other payment is unaware of the precarious situation of the institution.
L.1978, c. 95, s. 2C:21-14, eff. Sept. 1, 1979.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 2C:21-14 (if available):
Court decisions that cite this statute: CLICK HERE.