Idaho Code · Title 26 · Banks and Banking
Idaho Code § 26-708

Valuation Of Assets

Ch. 7 — LIMITATIONS ON LOANS, INVESTMENTS, AND PRACTICES
Idaho Code ● ACTIVE State Law Title 26
Statutory Text

Idaho Code § 26-708 — Valuation Of Assets.

TITLE 26 BANKS AND BANKING CHAPTER 7 LIMITATIONS ON LOANS, INVESTMENTS, AND PRACTICES 26-708. Valuation of assets. No bank shall enter or at any time carry on its books any of its assets at a valuation exceeding their actual cost to the bank; nor shall the value of any of its assets be increased on the books of the bank without the written consent of the director. Additional charges, delinquency charges and other similar charges on consumer credit transactions permitted by and made in compliance with the Idaho Credit Code and added to the principal balance of the loan, shall not come within the prohibition of this section.

History:[(26-708) 26-712, added 1979, ch. 41, sec. 2, p. 93; am. and redesig. 2004, ch. 159, sec. 8, p. 523; am. 2008, ch. 140, sec. 8, p. 406.]
Source: legislature.idaho.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC26-SEC-115502
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 26-708
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
b398d557abbba1f1...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 26-708 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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boisestandard.org United States Idaho Idaho Code Title 26 Idaho Code § 26-708