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2021 Idaho Code
Title 26 - BANKS AND BANKING
Chapter 12 - CIVIL AND CRIMINAL PENALTIES
Section 26-1213 - COMMISSION FOR MAKING LOANS.
Universal Citation: ID Code § 26-1213 (2021)
26-1213. COMMISSION FOR MAKING LOANS. No officer, director or employee of any bank or the bank holding company owning or controlling the bank shall demand, accept or receive, directly or indirectly, any commission or other consideration on account of the making, extension, or renewal by said bank of any loan, or extension of credit, to any person, firm or corporation. This prohibition shall not apply to consideration paid by a bank to its employees.
Any person violating the provisions of this section shall be guilty of a felony.
History:
[26-1213, added 1979, ch. 41, sec. 2, p. 123; am. 1993, ch. 53, sec. 5, p. 142.]
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