362.336. Fraudulent checks and drafts issued by bank or agent--penalty.

MISSOURI STATUTES AND CODES

362.336. Fraudulent checks and drafts issued by bank or agent--penalty.

Fraudulent checks and drafts issued by bank or agent--penalty.

362.336. 1. No bank or trust company shall issue acertificate of deposit, nor certify a check or draft, nor issue acashier's or treasurer's check, except in exchange for lawfulmoney of the United States or for checks, drafts or bills ofexchange which are the actual equivalent of such money.

2. If any president, director, officer, employee or agent ofany bank or trust company shall issue a certificate of deposit orcertify a check or draft or issue a cashier's or treasurer'scheck, without receiving the money or its equivalent as hereinprovided or shall sell a certificate of deposit of the bank at adiscount in an amount in excess of the legal rate of interest, heshall be guilty of a felony and upon conviction shall be punishedby imprisonment in the penitentiary for not less than two yearsnor more than five years or by imprisonment in the county jailfor not exceeding one year, or by a fine not exceeding onethousand dollars, or by both such fine and imprisonment.