§ 664. Unlawful investments by officers of mutual savings banks. Any\nofficer or trustee of a mutual savings bank authorizing or making any\ninvestment of the funds of the bank in securities not authorized by law,\nis guilty of a misdemeanor.\n
N.Y. Banking Law § 664
Unlawful investments by officers of mutual savings banks
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.