67-2742. WITHDRAWAL OF MONEYS FROM DEPOSITORIES — TIME DEPOSITS. All deposits in state depositories shall be demand deposits or deposits in accounts upon which negotiable orders of withdrawal may be written, or in similar transaction deposit accounts except time deposits of idle moneys, as defined in section 67-1210, Idaho Code, which the treasurer is hereby authorized to make. If the proceeds of a time certificate of deposit are not credited or paid to the state treasury on the maturity date of the certificate after demand by the state, the depository shall pay a penalty of one-fourth of one percent (.0025) per day on the principal amount of such certificate commencing on the day following the date of maturity and continuing until the whole amount is credited or paid to the state.
History:
[(67-2742) Based upon 1905, p. 305, sec. 1; R.C., sec. 127; am. 1909, p. 363; R.C., sec. 130e, as added by 1915, ch. 168, sec. 8, p. 386; reen. C.L. 13:23; C.S., sec. 323; am. 1925, ch. 190, sec. 8, p. 349; I.C.A., sec. 65-2640; am. 1969, ch. 331, sec. 5, p. 1038; am. 1970, ch. 122, sec. 1, p. 295; am. 1971, ch. 133, sec. 2, p. 516; am. 1973, ch. 272, sec. 1, p. 569; am. 1976, ch. 42, sec. 40, p. 114; am. 1981, ch. 2, sec. 3, p. 5; am. 1983, ch. 38, sec. 12, p. 95.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 27 - DEPARTMENT OF FINANCE
Section 67-2701 - DEPARTMENT OF FINANCE — CREATION — DIRECTOR — ORGANIZATION — POWERS AND DUTIES.
Section 67-2702 - FEES — FINES — MISCELLANEOUS CHARGES.
Section 67-2717 - POWER TO ISSUE SUBPOENAS AND ADMINISTER OATHS — OBSTRUCTING EXAMINATION — PENALTY.
Section 67-2720 - DUTY OF ATTORNEY GENERAL TO AID DEPARTMENT.
Section 67-2723 - EXPENSES OF CARRYING OUT PROVISIONS OF STATE DEPOSITORY LAW — AUDIT AND PAYMENT.
Section 67-2724 - OFFICERS AND PERSONS AUTHORIZED TO MAKE INSPECTIONS AND EXAMINATIONS.
Section 67-2725 - BANKS ELIGIBLE AS DEPOSITORIES.
Section 67-2726 - BANKS TO WHICH OFFICIALS SECRETLY INDEBTED INELIGIBLE.
Section 67-2737 - FUNDS TO BE DEPOSITED.
Section 67-2738 - PERMANENT ENDOWMENT FUNDS TEMPORARILY IN HANDS OF TREASURER.
Section 67-2739 - DESIGNATION OF DEPOSITORY — REPORTING OF CAPITAL AND SURPLUS.
Section 67-2741 - EXCESS DEPOSITS.
Section 67-2742 - WITHDRAWAL OF MONEYS FROM DEPOSITORIES — TIME DEPOSITS.
Section 67-2743 - INTEREST ON TIME DEPOSITS.
Section 67-2743E - DISCLOSURE OR USE OF INFORMATION RELATING TO DEPOSITORIES — PENALTY.
Section 67-2744 - DEPOSITORIES TO RENDER MONTHLY STATEMENTS.
Section 67-2745 - DUTY OF TREASURER UPON RECEIPT OF NOTICE OF CANCELLATION.
Section 67-2746 - RESPONSIBILITY FOR LOSS THROUGH INSOLVENCY OF BANK.
Section 67-2746A - DEPOSIT FOR SAFEKEEPING — RESPONSIBILITY.
Section 67-2747 - TREASURER TO MAKE NO PROFIT — PENALTY.
Section 67-2748 - NEGLECT OF TREASURER A MISDEMEANOR — PENALTY.
Section 67-2749 - BRIBERY OF TREASURER A FELONY — PENALTY.
Section 67-2750 - SHORT TITLE.
Section 67-2751 - DEFINITIONS.
Section 67-2752 - FINANCIAL FRAUD ILLEGAL.
Section 67-2753 - EMPLOYMENT OR AFFILIATION OF CERTAIN PERSONS.
Section 67-2754 - POWERS OF DIRECTOR.
Section 67-2755 - INJUNCTIONS — OTHER REMEDIES.
Section 67-2756 - PRIVATE REMEDIES.
Section 67-2757 - INSTITUTION OF CRIMINAL PROCEEDINGS.
Section 67-2758 - CRIMINAL PENALTIES FOR VIOLATIONS — LIMITATION OF ACTIONS.
Section 67-2759 - CRIMINAL PUNISHMENT UNDER THIS ACT NOT EXCLUSIVE.
Section 67-2760 - JUDICIAL REVIEW OF ORDERS.
Section 67-2761 - ADMINISTRATION OF ACT — RULES, FORMS AND ORDERS.
Section 67-2762 - ADMINISTRATIVE PUBLIC HEARINGS — EXCEPTION.