Idaho Statutes
§ 26-405 — PROHIBITED ACTIVITIES
No bank service corporation may engage in any revenue producing activity other than the performance of bank services for banks and, to an extent not exceeding one-half (1/2) of its total activity, the performance of similar services for persons or organizations other than banks.
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Idaho § 26-405 (PROHIBITED ACTIVITIES) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[26-405, added 1979, ch. 41, sec. 2, p. 81.]
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