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Office of the Revisor of Statutes

46.32 VIOLATION OF NOTICE OR FINAL ORDER, PENALTIES.
Any director, trustee or officer, or former director, trustee or officer, of an institution or any
other person against whom there is outstanding and effective any notice or final order served upon
the director, trustee, officer, or other person pursuant to section 46.26 who (1) participates in any
manner in the conduct of the affairs of such institution; (2) directly or indirectly solicits, procures,
transfers, or attempts to transfer, votes, or attempts to vote any proxies, consents, or authorizations
in respect to any voting rights in such institution; or (3) without the prior written approval of the
commissioner, votes for a director or trustee or serves as a director, trustee, officer, or employee
of such institution is guilty of a gross misdemeanor and may be fined not more than $10,000 or
imprisoned for not more than one year, or both.
History: 1978 c 544 s 7; 1984 c 628 art 3 s 11