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2019 Idaho Code
Title 26 - BANKS AND BANKING
Chapter 11 - SUPERVISION BY DEPARTMENT OF FINANCE
Section 26-1105 - DIRECTORS TO BE ADVISED OF CONDITIONS.
Universal Citation: ID Code § 26-1105 (2019)
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.
History:
[26-1105, added 1979, ch. 41, sec. 2, p. 116.]
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