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Home » US Law » 2022 Idaho Code » Title 26 - BANKS AND BANKING » Chapter 10 - CLOSING AND LIQUIDATION OF BANKS » Section 26-1002 – PENALTY FOR CLOSING BANK WITH CRIMINAL INTENT.

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.]