Idaho Code 26-102 – Purpose of the Act
Current as of: 2023 | Check for updates
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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.
Terms Used In Idaho Code 26-102
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
(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.