(Finals) General Banking Law
(Finals) General Banking Law
C. ON BORROWERS:
1. Fraudulently overvalue property offered as
security for a loan from the bank;
2. Furnish false or make misrepresentations or
suppression of material facts for the
purpose of obtaining, renewing, or
increasing a loan or extending the period
thereof;
3. Attempt to defraud the said bank in the
event of a court action to recover a loan or
other credit accommodation; or
4. Offer any director, officer, employee or
agent of a bank any gift, fee, commission, or
any other form of compensation in order to
influence such persons into approving a
loan or other credit accommodation
application.