Idaho Statutes
§ 26-1213 — COMMISSION FOR MAKING LOANS
No officer, director or employee of any bank or the bank holding company owning or controlling the bank shall demand, accept or receive, directly or indirectly, any commission or other consideration on account of the making, extension, or renewal by said bank of any loan, or extension of credit, to any person, firm or corporation. This prohibition shall not apply to consideration paid by a bank to its employees.
Any person violating the provisions of this section shall be guilty of a felony.
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Legislative History
[26-1213, added 1979, ch. 41, sec. 2, p. 123; am. 1993, ch. 53, sec. 5, p. 142.]
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