PENALTY FOR CLOSING BANK WITH CRIMINAL INTENT.

  1. Law
  2. Idaho Code
  3. BANKS AND BANKING
  4. CLOSING AND LIQUIDATION OF BANKS
  5. PENALTY FOR CLOSING BANK WITH CRIMINAL INTENT.

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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.]


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