PURPOSE OF THE ACT.

  1. Law
  2. Idaho Code
  3. BANKS AND BANKING
  4. TITLE AND SCOPE OF ACT
  5. PURPOSE OF THE ACT.

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26-102. PURPOSE OF THE ACT. The purposes of this act are to provide for:

(1) Safe and prudent conduct of the banking business for the benefit of depositors and shareholders.

(2) Maintenance of public confidence in banks.

(3) An opportunity for banks to remain competitive with each other, with financial institutions existing under other laws of this state and to encourage the continuation, maintenance and preservation of the dual banking system.

History:

[26-102, added 1979, ch. 41, sec. 2, p. 63.]


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