Statutory Text
Idaho Code § 26-704 — Determination Of Limits Of Loans And Investments Of Banks.
TITLE 26 BANKS AND BANKING CHAPTER 7 LIMITATIONS ON LOANS, INVESTMENTS, AND PRACTICES 26-704. Determination of limits of loans and investments of banks. For the purpose of determining limitations on loans and investments the following items are to be disregarded: (1) The sale of excess reserve funds by one (1) bank to another bank; (2) The purchase of securities by a bank, under an agreement to resell at the end of a stated period; and (3) The purchase of mortgage loans by a bank, under agreement to resell at the end of a stated period. The director may, upon application by a bank, approve loans and investments in excess of the limitations provided in this chapter.
History:[(26-704) 26-708, added 1979, ch. 41, sec. 2, p. 90; am. and redesig. 2004, ch. 159, sec. 4, p. 515.]
Source: legislature.idaho.gov — public domain
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Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC26-SEC-F5371B
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 26-704
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
0167a03b240a1565...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 26-704 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
Navigate Corpus — Idaho Code Title 26
Ch. 7 — LIMITATIONS ON LOANS, INVESTMENTS, AND PRACTICES
Idaho Code § 26-701Idaho Code § 26-702Idaho Code § 26-703Idaho Code § 26-704Idaho Code § 26-705Idaho Code § 26-706Idaho Code § 26-707Idaho Code § 26-708Idaho Code § 26-709Idaho Code § 26-710Idaho Code § 26-711Idaho Code § 26-712Idaho Code § 26-713Idaho Code § 26-714Idaho Code § 26-715
Idaho Code — public domain
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