26-1002. PENALTY FOR CLOSING BANK WITH CRIMINAL INTENT. If the director of the department of finance or official in the department of finance, shall, as a result of malice or for personal gain, declare any bank insolvent, he shall, upon conviction thereof be subject to punishment by fine not exceeding one thousand dollars ($1,000), or imprisonment in the county jail not exceeding one (1) year, or both, within the discretion of the court.
History:
[26-1002, added 1979, ch. 41, sec. 2, p. 103.]
Structure Idaho Code
Chapter 10 - CLOSING AND LIQUIDATION OF BANKS
Section 26-1001 - GROUNDS FOR CLOSING BANK.
Section 26-1002 - PENALTY FOR CLOSING BANK WITH CRIMINAL INTENT.
Section 26-1003 - RECEIVING DEPOSITS WHEN INSOLVENT.
Section 26-1004 - BANK MAY BE PLACED IN DIRECTOR’S POSSESSION.
Section 26-1005 - EFFECT OF POSTING NOTICE.
Section 26-1006 - TAKING POSSESSION OF BANK — NOTICE.
Section 26-1007 - RESUMPTION AFTER CLOSING.
Section 26-1008 - POWERS OF DIRECTOR ON CLOSING BANK.
Section 26-1009 - RECOURSE OF AGGRIEVED BANK.
Section 26-1010 - DIRECTOR MAY APPOINT AGENTS.
Section 26-1011 - FEDERAL DEPOSIT INSURANCE CORPORATION — RIGHT TO ACT AS RECEIVER OR LIQUIDATOR.
Section 26-1015 - ENFORCEMENT OF INDIVIDUAL LIABILITY OF DIRECTORS OF CLOSED BANK.
Section 26-1016 - NOTICE TO CREDITORS OF INSOLVENT BANK.
Section 26-1017 - CLAIMS — ALLOWANCE AND REJECTION.
Section 26-1018 - PAYMENT OF CLAIMS.
Section 26-1019 - CLAIMS — ORDER OF PAYMENT — PRIORITIES.
Section 26-1021 - STATEMENT OF CONDITION.
Section 26-1022 - DEPOSIT OF FUNDS IN DIRECTOR’S HANDS.
Section 26-1023 - DISPOSITION OF UNCLAIMED FUNDS.
Section 26-1024 - DISPOSITION OF ASSETS REMAINING AFTER PAYMENT OF CLAIMS.
Section 26-1025 - BORROWING MONEY TO FACILITATE LIQUIDATION OR REOPENING OF BANK.