§61-10-13. Associations and companies trading as bank without
authority of law; penalty.
All members of any association or company that shall trade or
deal as a bank, or carry on banking, without authority of law, and
their officers and agents therein or thereof, shall be guilty of a
misdemeanor, and, upon conviction, shall be confined in jail not
more than six months, and fined not less than one hundred nor more
than five hundred dollars.