Idaho Statutes
pecnv.out

TITLE 26
BANKS AND BANKING
CHAPTER 7
LIMITATIONS ON LOANS, INVESTMENTS, AND PRACTICES
26-711.  Lending of credit — Suretyship and guarantyship. A bank may lend its credit, bind itself as a surety to indemnify another, or otherwise become a guarantor, only if it has a substantial interest in the performance of the transaction involved or has a segregated deposit sufficient in amount to cover the bank’s total potential liability.

History:
[(26-711) 26-715, added 1979, ch. 41, sec. 2, p. 93; am. and redesig. 2004, ch. 159, sec. 11, p. 523.]


How current is this law?

Search the Idaho Statutes and Constitution