Section 125. Reports to superintendent; penalty for failure to make  


Latest version.
  • 1.
      Within fifteen days after service upon it of the notice provided for  by
      section thirty-seven of this chapter, every bank and every trust company
      shall   make  a  written  report  of  its  financial  condition  to  the
      superintendent, which report shall be in  such  form  and  contain  such
      information as the banking board may prescribe.
        2.  Every  bank  and  every  trust  company shall also make such other
      special reports to the superintendent  as  he  may  from  time  to  time
      require,  in  such form and at such date as may be prescribed by him and
      such reports shall, if required by him, be subscribed  and  affirmed  as
      true under the penalties of perjury.
        3. If any bank or trust company shall fail to make any report required
      by  or pursuant to this section, on or before the day designated for the
      making thereof, or shall fail to include therein any prescribed  matter,
      such  bank  or trust company shall forfeit to the people of the state an
      amount as determined pursuant to section forty-four-a  of  this  chapter
      for  every  day  that  such report shall be delayed or withheld, and for
      every day that it shall fail to report any such omitted  matter,  unless
      the  time  therefor  shall  have  been extended by the superintendent as
      provided in article two of this chapter.