Idaho Statutes
§ 26-102 — PURPOSE OF THE ACT
The purposes of this act are to provide for:
(1)Safe and prudent conduct of the banking business for the benefit of depositors and shareholders.
(2)Maintenance of public confidence in banks.
(3)An opportunity for banks to remain competitive with each other, with financial institutions existing under other laws of this state and to encourage the continuation, maintenance and preservation of the dual banking system.
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Related
Eliopulos v. Knox
848 P.2d 984 (Idaho Court of Appeals, 1992)
Legislative History
[26-102, added 1979, ch. 41, sec. 2, p. 63.]
Nearby Sections
15
§ 26-1001
GROUNDS FOR CLOSING BANK§ 26-1003
RECEIVING DEPOSITS WHEN INSOLVENT§ 26-1005
EFFECT OF POSTING NOTICE§ 26-1006
TAKING POSSESSION OF BANK — NOTICE§ 26-1007
RESUMPTION AFTER CLOSING§ 26-1008
POWERS OF DIRECTOR ON CLOSING BANK§ 26-1009
RECOURSE OF AGGRIEVED BANK§ 26-101
TITLE§ 26-1010
DIRECTOR MAY APPOINT AGENTS