Idaho § 26-1002 - Penalty for closing bank with criminal intent

Full text of Idaho Idaho Statutes § 26-1002 — Penalty for closing bank with criminal intent, with citation guidance and answers to common questions.

§ 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.

[26-1002, added 1979, ch. 41, sec. 2, p. 103.]

Source: official Idaho text · Last verified 2026-08-27

Frequently Asked Questions About Idaho § 26-1002

What does Idaho Statutes § 26-1002 cover?

Section 26-1002 ("Penalty for closing bank with criminal intent") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Idaho § 26-1002?

A common citation format is "Idaho Statutes § 26-1002" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Idaho law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.

How does Idaho § 26-1002 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.