Idaho Code · Title 26 · Banks and Banking
Idaho Code § 26-711

Lending Of Credit — Suretyship And Guarantyship

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

Idaho Code § 26-711 — Lending Of Credit — Suretyship And Guarantyship.

TITLE 26 BANKS AND BANKING CHAPTER 7 LIMITATIONS ON LOANS, INVESTMENTS, AND PRACTICES 26-711. Lending of credit — Suretyship and guarantyship. A bank may lend its credit, bind itself as a surety to indemnify another, or otherwise become a guarantor, only if it has a substantial interest in the performance of the transaction involved or has a segregated deposit sufficient in amount to cover the bank’s total potential liability.

History:[(26-711) 26-715, added 1979, ch. 41, sec. 2, p. 93; am. and redesig. 2004, ch. 159, sec. 11, p. 523.]
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-3821D1
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 26-711
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
6c100b9324b652e6...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 26-711 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 § 26-711