2005 Idaho Code - 26-1112 — PENALTY FOR DISCLOSURE OF CONFIDENTIAL INFORMATION

                                  TITLE  26
                              BANKS AND BANKING
                                  CHAPTER 11
                     SUPERVISION BY DEPARTMENT OF FINANCE
    26-1112.  PENALTY FOR DISCLOSURE OF CONFIDENTIAL INFORMATION. (1) Neither
the department of finance, its director nor its employees shall disclose to
any person or agency any fact or information obtained in the course of
business of the department under this act, except in the following cases:
    (a)  When by the terms of this act or chapter 3, title 9, Idaho Code, it
is made the duty of the department to make public records and publish the
same.
    (b)  When the department is required by law to take special action
regarding the affairs of any bank.
    (c)  When called as a witness in any criminal proceeding in a court of
competent jurisdiction, provided that the court must review such information
in chambers to determine the necessity of disclosing such information, and
subject to the privilege provided by subsection (3) of section 26-1111, Idaho
Code.
    (d)  When, in the case of a problem bank, it is necessary or advisable, in
the discretion of the director, for the good of the public or of the
depositors.
    (e)  When, in the discretion of the department, it is advisable to
disclose any such information to a state or federal bank supervisory agency.
    (2)  Any person violating the provisions of this section shall be guilty
of a felony and conviction shall subject the offender to a forfeiture of his
office or employment.