Banking Laws and Jurisprudence
Banking Laws and Jurisprudence
and
Jurisprudence
XX. Miscellaneous
A. Signs
i. Every insured bank shall display at each
place of business maintained by it a sign or
signs, and shall include a statement in all its
advertisements to the effect that its deposits
are insured by PIDC.
XX. Miscellaneous
XX. Miscellaneous
XX. Miscellaneous
XX. Miscellaneous
XX. Miscellaneous
XX. Miscellaneous
XX. Miscellaneous
XXII. Fines
The Board of Directors is authorized to impose
administrative fines for any act or omission enumerated
in above, and for violation or any order, instruction, rule
or regulation issued by PDIC, against a bank and/or any
of its directors, officers or agents responsible for to be
appropriate, but in no case to exceed three times the
amount of the damages or costs caused by the
transaction for each day that the violation subsits,
taking into consideration, the attendant circumstances,
such as the nature and gravity of the violation or
irregularity and the size of the bank.
i.
XXIV. Reorganization
i.
XXIV. Reorganization
PROBLEM
On