2014 Idaho Statutes
Title 26 - BANKS AND BANKING
Chapter 11 - SUPERVISION BY DEPARTMENT OF FINANCE
Section 26-1108 - FAILURE TO TRANSMIT REPORTS.


ID Code § 26-1108 (2014) What's This?

26-1108. Failure to transmit reports. Every bank failing to make and transmit to the department of finance any of the reports required by this act, shall at the discretion of the director, be subject to a forfeiture of fifty dollars ($50.00) a day after the time required for making such reports. Whenever any bank fails or refuses to pay the forfeiture herein imposed for a failure to make and transmit such report, the director is hereby authorized to institute proceedings to recover the forfeiture, together with interest, attorney's fees and costs.


History:

[26-1108, added 1979, ch. 41, sec. 2, p. 116.]

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