524.1608 Penalty for accepting deposits while insolvent. If a state bank shall accept any deposit or renew any certificate of deposit in violation of section 524.805, subsection 4, any officer or employee knowing of such insolvency whowillfully receives, accepts or renews or is accessory to or otherwise knowingly permitssuch acceptance shall be guilty of a fraudulent practice and shall, in either event be foreverdisqualified from acting as an officer or employee of any state bank. [C97, §1885; C24, 27, 31, 35, 39, §9280; C46, 50, 54, 58, 62, 66, §528.82; C71, 73, 75, 77, 79, 81, §524.1608] Fraudulent practices, see §714.8 – 714.14 Sat Dec 23 01:26:27 2023 Iowa Code 2024, Section 524.1608 (26, 0)
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