Idaho Code · Title 26 · Banks and Banking
Idaho Code § 26-1218

Notes For Stock Subscription Illegal

Ch. 12 — CIVIL AND CRIMINAL PENALTIES
Idaho Code ● ACTIVE State Law Title 26
Statutory Text

Idaho Code § 26-1218 — Notes For Stock Subscription Illegal.

TITLE 26 BANKS AND BANKING CHAPTER 12 CIVIL AND CRIMINAL PENALTIES 26-1218. Notes for stock subscription illegal. It shall be unlawful for the officers or directors of the banking corporation to accept the note of any subscriber or stockholder in payment or part payment of the par value of the common stock, surplus or undivided profits.

History:[26-1218, added 1979, ch. 41, sec. 2, p. 124.]
Source: legislature.idaho.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC26-SEC-07D165
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 26-1218
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
de981fff60327deb...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 26-1218 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
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◈ Provenance
boisestandard.org United States Idaho Idaho Code Title 26 Idaho Code § 26-1218