6.2-1044 - (Effective October 1, 2010) Offenses by officer, director, agent or employee of trust company; penalties. - Virginia Statutes

§ 6.2-1044. (Effective October 1, 2010) Offenses by officer, director, agentor employee of trust company; penalties.

A. Any officer, director, agent, or employee of any trust company whoembezzles, abstracts, or willfully misapplies any of the moneys, funds orcredits of, or in the possession or control of the trust company is guilty oflarceny and subject to the penalties provided in § 18.2-95 or 18.2-96.

B. Any officer, director, agent or employee of any trust company who (i)issues or puts forth any certificate of deposit, (ii) draws any order or billof exchange, (iii) makes any acceptance, (iv) assigns any note, bond, draft,bill of exchange, mortgage, judgment, decree or other instrument in writing,or (v) makes any false entry in any book, report or statement of such trustcompany with intent in any case to injure or defraud the trust company, orany other individual or entity, or to deceive any officer of the trustcompany or the Commission, or any agent or examiner authorized to examine theaffairs of the trust company, and any person, who, with like intent, aids orabets any such officer, director, agent or employee of such trust company inany act described in clauses (i) through (v), is guilty of a Class 5 felony.

C. Any officer of a trust company who knowingly makes a false statement ofthe condition of any trust company is guilty of a Class 5 felony.

(Code 1950, §§ 6-128, 6-138; 1966, c. 584, § 6.1-222; 1974, c. 665; 2010, c.794.)