2012 Idaho Statutes
Title 26 - BANKS AND BANKING
Chapter 27 - BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS
Section 26-2719 - SOUND BUSINESS PRACTICES REQUIRED.
(2) In determining whether a licensee is transacting business in a safe and sound manner or has committed an unsafe or unsound act, the director shall not consider the risk of a provision of financing assistance to a business firm, unless the director determines that the risk is so great compared with the realistically expected return as to demonstrate gross mismanagement.
(3) The provisions of subsection (2) of this section do not limit the authority of the director to do any of the following:
History:
[26-2719, added 1989, ch. 252, sec. 1, p. 614.]
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