Section 06.26.560. Prohibited acts.

   (a) A director, an officer, an employee, or a shareholder of a trust company may not
        (1) conceal information or a fact, or remove, destroy, or conceal a book or record of the trust company, for the purpose of concealing information or a fact from the department or an agent of the department; or
        (2) for the purpose of concealing, remove or destroy a book or record of the trust company that is material to a pending or anticipated court or administrative proceeding.
   (b) A director, an officer, or an employee of a trust company may not make a false entry in the records, a report, or a statement of the trust company.

Notes

History

(Sec. 2 ch 77 SLA 2002)