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§ 2104. Penalties applicable to persons subject to this act

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and BankingEffective: December 24, 2012

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 7 P.S. Banks and Banking (Refs & Annos)
Banking Code of 1965 (Refs & Annos)
Chapter 21. Penalties and Criminal Provisions
Effective: December 24, 2012
7 P.S. § 2104
§ 2104. Penalties applicable to persons subject to this act
(a) Violations of sections 105, 106--Any person who wilfully engages in the business of receiving deposits or money for transmission, or who wilfully establishes a place of business for such purpose, in violation of section 1051 and any person whom such person represents, and any corporation which wilfully acts in a fiduciary capacity in violation of section 106,2 shall be guilty of a felony and shall upon conviction thereof be subject, in the case of an individual, to imprisonment for a period not exceeding two years, or a fine not exceeding ten thousand dollars ($10,000) per violation, or both, and, in the case of any other person, to a fine not exceeding five hundred thousand dollars ($500,000).
(b) Deleted by 2012, Oct. 24, P.L. 1336, No. 170, § 60, effective in 60 days [Dec. 24, 2012].

Credits

1965, Nov. 30, P.L. 847, No. 356, § 2104. Amended 2012, Oct. 24, P.L. 1336, No. 170, § 60, effective in 60 days [Dec. 24, 2012].

Footnotes

7 P.S. § 105.
7 P.S. § 106.
7 P.S. § 2104, PA ST 7 P.S. § 2104
Current through the end of the 2023 Regular Session. Some statute sections may be more current, see credits for details.
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