Idaho Code · Title 67 · State Government and State Affairs
Idaho Code § 67-2726

Banks To Which Officials Secretly Indebted Ineligible

Ch. 27 — DEPARTMENT OF FINANCE
Idaho Code ● ACTIVE State Law Title 67
Statutory Text

Idaho Code § 67-2726 — Banks To Which Officials Secretly Indebted Ineligible.

TITLE 67 STATE GOVERNMENT AND STATE AFFAIRS CHAPTER 27 DEPARTMENT OF FINANCE 67-2726. Banks to which officials secretly indebted ineligible. No bank is eligible to become or remain a state depository, to which the state treasurer, state controller, or the chief deputy of either of them is directly indebted, unless the fact of such indebtedness is made known to the department of finance, but the amount and character of such indebtedness shall be subject to disclosure according to chapter 1, title 74 , Idaho Code, and said department of finance shall treat such information in strict confidence. Any member of the department violating this provision shall be guilty of a misdemeanor, and punished therefor as provided by law. In case of a violation by a state depository of this provision, the department of finance shall immediately cause all funds therein to be withdrawn and such bank shall be ineligible again to become a state depository during the incumbency of the official so indebted to said bank.

History:[(67-2726) R.C., sec. 128a, added 1915, ch. 168, sec. 4, p. 380; reen. C.L. 13:7; C.S., sec. 307; I.C.A., sec. 65-2624; am. 1980, ch. 84, sec. 4, p. 186; am. 1990, ch. 213, sec. 93, p. 554; am. 1994, ch. 180, sec. 201, p. 547.; am. 2015, ch. 141, sec. 168, p. 513.]
Source: legislature.idaho.gov — public domain Official Source ↗
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BS-IC67-SEC-0A51BD
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boisestandard.org
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Idaho — United States
Citation
Idaho Code § 67-2726
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PRIMARY-SOURCE
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19ab6d87cd4d2cfc...
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The statutory text of Idaho Code § 67-2726 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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