Opinion ID: 2183692
Heading Depth: 1
Heading Rank: 3

Heading: agency between risdic and dbr

Text: The defendant, in support of his motion for judgment of acquittal in respect to group-1 and group-2 counts, asserts that there is no evidence that during the year 1990 RISDIC was acting as an agent for the DBR. Thus, he contends, no evidence exists that the false entries were made with intent to deceive the DBR. The evidence presented by Hayes clearly indicates that in the spring of 1990 she chose to rely on an examination by RISDIC rather than to follow through with an intended examination by employees of the DBR, which had the power pursuant to § 19-19-1 to appoint any agent to examine the affairs of a depository. Hayes, as associate director of the DBR and superintendent of the banking division, clearly had the authority to appoint RISDIC examiners as DBR agents. See §§ 19-14-1 and 19-20-6. She deferred an examination that had been planned by the DBR during the week of July 4, 1990, on the assurance that a RISDIC examination would take place and that she would be informed of the results of that examination. This evidence is supplemented by Wald's testimony. Wald stated that he admonished defendant in mid-July 1990 that if he did not cooperate with his examination on behalf of RISDIC, RISDIC's examiners would leave the bank and DBR employees would complete the examination. The later examination by the DBR in October of 1990 was presumably motivated by the findings that RISDIC examiners had reported. Consequently the manifest actions by defendant intended to deceive RISDIC examiners would also establish an intent to deceive the DBR since the RISDIC examiners were acting for and on behalf of the DBR during their 1990 examination of Heritage.