2C:21-14 - Receiving deposits in a failing financial institution - New Jersey Statutes

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.