Idaho § 26-1105 DIRECTORS TO BE ADVISED OF CONDITIONS

Idaho Statutes

§ 26-1105 — DIRECTORS TO BE ADVISED OF CONDITIONS

Idaho § 26-1105

Title 26BANKS AND BANKING

Ch. 11SUPERVISION BY DEPARTMENT OF FINANCE

This text of Idaho § 26-1105 (DIRECTORS TO BE ADVISED OF CONDITIONS) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 26-1105 (2026).

Text

The department of finance shall, after each examination, address a letter to the president or chairman of the board of directors, calling attention to the condition of the bank at the time of examination. Such letter from the department shall be read at the first meeting of the board of directors following its receipt and the bank or company’s minute book shall show the receipt of such letter and the reply thereto as approved by the directors.

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The department of finance shall, after each examination, address a letter to the president or chairman of the board of directors, calling attention to the condition of the bank at the time of examination. Such letter from the department shall be read at the first meeting of the board of directors following its receipt and the bank or company’s minute book shall show the receipt of such letter and the reply thereto as approved by the directors.