Idaho Code
Chapter 10 - CLOSING AND LIQUIDATION OF BANKS
Section 26-1007 - RESUMPTION AFTER CLOSING.

26-1007. RESUMPTION AFTER CLOSING. After the director has taken possession of any bank, he may permit such bank to resume business upon such conditions as may be approved by him.

History:
[26-1007, added 1979, ch. 41, sec. 2, p. 104.]

Structure Idaho Code

Idaho Code

Title 26 - BANKS AND BANKING

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 26-1012 - CLOSED BANK — FEDERAL DEPOSIT INSURANCE CORPORATION FURNISHING FUNDS FOR PAYMENT OF INSURED DEPOSIT LIABILITIES — SUBROGATION.

Section 26-1013 - CLOSED BANKS — PLEDGE OR SALE OF ASSETS BY DIRECTOR OR LIQUIDATOR TO FEDERAL DEPOSIT INSURANCE CORPORATION — COURT ORDER.

Section 26-1014 - FEDERAL DEPOSIT INSURANCE CORPORATION ACTING AS LIQUIDATOR — POSSESSION AND CONTROL OF ASSETS AND BUSINESS OF BANK.

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 26-1020 - PARTIAL PAYMENT OF CLAIMS — CALCULATION OF DIVIDENDS — ASSIGNMENT OF CLAIMS — CHECKS AGAINST CLOSED BANK.

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.

Section 26-1026 - REOPENING OF BANK — UNSECURED DEPOSITORS AND CREDITORS — ACCEPTANCE OF PLAN — CERTIFICATE OF APPROVAL.

Section 26-1027 - PUBLIC FUNDS ON DEPOSIT — JOINDER OF OFFICIAL IN PLAN — BONDS SECURING DEPOSITS UNAFFECTED.