2005 Idaho Code - 26-1105 — DIRECTORS TO BE ADVISED OF CONDITIONS

                                  TITLE  26
                              BANKS AND BANKING
                                  CHAPTER 11
                     SUPERVISION BY DEPARTMENT OF FINANCE
    26-1105.  DIRECTORS TO BE ADVISED OF CONDITIONS. The department of finance
shall, after each examination, address a letter to the president or chairman
of the board of directors, calling attention to the condition of the bank at
the time of examination.  Such letter from the department shall be read at the
first meeting of the board of directors following its receipt and the bank or
company's minute book shall show the receipt of such letter and the reply
thereto as approved by the directors.