Idaho Code
Chapter 10 - CLOSING AND LIQUIDATION OF BANKS
Section 26-1021 - STATEMENT OF CONDITION.

26-1021. STATEMENT OF CONDITION. The director of the department of finance shall, within sixty (60) days after taking possession of any bank or trust company under the provisions of this chapter and at intervals of every six (6) months thereafter during the liquidation thereof and until depositors’ claims against said bank or trust company have been fully paid or the assets available for such claims exhausted, make public a statement of the condition of such bank or trust company.

History:
[26-1021, added 1979, ch. 41, sec. 2, p. 111.]

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.