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Home » US Law » 2022 Idaho Code » Title 26 - BANKS AND BANKING » Chapter 10 - CLOSING AND LIQUIDATION OF BANKS » Section 26-1015 – ENFORCEMENT OF INDIVIDUAL LIABILITY OF DIRECTORS OF CLOSED BANK.

26-1015. ENFORCEMENT OF INDIVIDUAL LIABILITY OF DIRECTORS OF CLOSED BANK. Among its other powers, said corporation, in the performance of its powers and duties as such receiver or liquidator, when acting as such in lieu of the director of the department of finance, shall have the right and power upon the order of the court of record of competent jurisdiction to enforce any individual liability of the directors of any such banking institution.

History:

[26-1015, added 1979, ch. 41, sec. 2, p. 108.]