2005 Idaho Code - 69-520 — DRAWING CHECKS INSUFFICIENTLY COVERED A VIOLATION

                                  TITLE  69
                                  WAREHOUSES
                                  CHAPTER 5
                             COMMODITY DEALER LAW
    69-520.  DRAWING CHECKS INSUFFICIENTLY COVERED A VIOLATION. Any person
engaged in business as a commodity dealer, as defined in this chapter, who
shall make, draw, utter or deliver any check, draft or order for the payment
of money upon any bank or other depository in payment to the seller of the
purchase price of any agricultural commodity or any part thereof upon
obtaining possession or control thereof, when at the time of such making,
drawing, uttering or delivery the maker or drawer has not sufficient funds in
or credit with such bank or other depository for the payment of such check,
draft or order in full upon its presentation, shall be in violation of the
provisions of this chapter. The word "credit" as used herein shall mean an
arrangement or understanding with the bank or depository for the payment of
such check, draft or order.

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