reglab/housing_qa huggingface dataset:
ID Code § 26-2170 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2170 - DEFINITION, PURPOSE AND RESTRICTIONS, IDAHO CORPORATE CREDIT UNION.

26-2170. DEFINITION, PURPOSE AND RESTRICTIONS, IDAHO CORPORATE CREDIT UNION. (a) The Idaho corporate credit union is a cooperative nonprofit corporate entity which can assist credit unions in meeting their investment and borrowing needs, assist credit unions in the sound management of their liquid assets and serve as a financial intermediary for credit unions. (b) Any person, corporation, copartnership or association, except a corporate credit union organized under the provisions of this chapter, or the Federal Credit Union Act, using a name or title containing the words "corporate credit union" or any derivation thereof or representing themselves as a corporate credit union shall be fined not more than one thousand dollars ($1,000), or imprisoned not more than one (1) year or both and may be permanently enjoined from using such words in its name.  History: [26-2170, added 1977, ch. 213, sec. 2, p. 611.]
ID Code § 26-2171 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2171 - ORGANIZATION — IDAHO CORPORATE CREDIT UNION.

26-2171. ORGANIZATION — IDAHO CORPORATE CREDIT UNION. Any seven (7) or more credit unions within the state of Idaho, with at least one (1) credit union from each of the seven (7) chapters of the Idaho credit union league, may, through designated delegates appointed by their board of directors, organize the Idaho corporate credit union and become members thereof by: (a) Filing an application furnished by the director; (b) Executing in duplicate, articles of incorporation by the terms of which they agree to be bound, which articles shall state: (1) The name, which shall include the words "Idaho Corporate Credit Union" and the city in which the proposed credit union is to have its principal place of business; (2) The term of existence of the credit union, which shall be perpetual; (3) The par value of shares of the Idaho corporate credit union, which shall be one hundred dollars ($100); (4) The names and addresses of the respective credit unions who are subscribers to the articles of incorporation and the number of shares subscribed by each; and (c) Adopting bylaws for the general government of the credit union, consistent with provisions of this act and executing the same in duplicate. (d) Forwarding the required charter fee, application, articles of incorporation and the bylaws to the director. If they conform to the statute, as determined by the director, he shall issue a certificate of approval to the articles and return a copy of the bylaws and the articles to the applicants or their representative, which shall be preserved in the permanent files of the credit union. (e) The subscribers for the Idaho corporate credit union shall not transact any business until formal approval of the charter has been received. The director shall cause to be prepared a form of articles of incorporation and a form of bylaws consistent with this act which shall be used by the Idaho corporate credit union incorporators for their guidance.  History: [26-2171, added 1977, ch. 213, sec. 2, p. 611.]
ID Code § 26-2172 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2172 - AMENDMENTS — IDAHO CORPORATE CREDIT UNION.

26-2172. AMENDMENTS — IDAHO CORPORATE CREDIT UNION. The articles of incorporation or the bylaws may be amended as provided in the bylaws and in accordance with section 26-2106, Idaho Code.  History: [26-2172, added 1977, ch. 213, sec. 2, p. 612.]
ID Code § 26-2173 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2173 - CORPORATE POWERS — IDAHO CORPORATE CREDIT UNION.

26-2173. CORPORATE POWERS — IDAHO CORPORATE CREDIT UNION. The Idaho corporate credit union shall have the general rights and powers of any other credit union organized under the Idaho Credit Union Act and shall have the following additional powers: (a) As authorized by its board of directors or executive committee, to deposit in federally insured state and national banks and deposit with or invest in shares of or loans to United States central credit union to an extent which shall not exceed its shares, and certificates of deposit. (b) Receive investments from members in the form of shares or corporate deposits. Time deposits of surplus funds shall be evidenced by certificates of deposit having a maturity of not less than ninety (90) days. Surplus funds are those funds which are not needed to meet the member’s loan needs or expenses. (c) To pay and return on shares, share certificates and deposits at such rates as are determined by the board of directors, giving due consideration to the amount and time period of the savings or investment commitment. (d) To borrow from any source except individuals provided that the total amount shall not exceed fifty percent (50%) of its members’ shares, daily interest deposits and certificates of deposit. Provided that with prior written approval of the director of finance, the corporate credit union may exceed the fifty percent (50%) limitation. (e) To make loans and to participate with the United States central credit union in making loans to members of the corporate credit union upon the terms and conditions determined by the board of directors. (f) To make deposits in any member credit union in this state and the United States central credit union. (g) To purchase the fixed assets of a member credit union if the board of directors of the corporate credit union determines it in the best interest of the member credit union. (h) To develop and enter into agreement for the purpose of participation in any governmental agency liquidity or interlending system among credit unions and for the purpose of aiding credit unions in establishing concentrated lines of credit with other financial institutions, and to act as a depositor and transmitter of funds for the purpose of carrying out this power. (i) To accept deposits from the United States central credit union in the form of certificates of deposit.  History: [26-2173, added 1977, ch. 213, sec. 2, p. 612.]
ID Code § 26-2174 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2174 - MEMBERSHIP IN THE IDAHO CORPORATE CREDIT UNION.

26-2174. MEMBERSHIP IN THE IDAHO CORPORATE CREDIT UNION. Membership in the Idaho corporate credit union shall be limited to and consist of the credit union subscribers to the articles of incorporation, credit unions organized under the Idaho credit union act or the federal credit union act, and organizations or associations of credit unions who have paid the membership fee, if any, as provided in the bylaws, have subscribed to and paid for one (1) or more shares as provided in the bylaws and have complied with such other requirements as the articles of incorporation or the bylaws may specify.  History: [26-2174, added 1977, ch. 213, sec. 2, p. 613.]
ID Code § 26-2175 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2175 - EXPULSION AND/OR WITHDRAWAL FROM THE FIELD OF MEMBERSHIP OF THE IDAHO CORPORATE CREDIT UNION.

26-2175. EXPULSION AND/OR WITHDRAWAL FROM THE FIELD OF MEMBERSHIP OF THE IDAHO CORPORATE CREDIT UNION. A member of the Idaho corporate credit union may be expelled by the board of directors, but only after an opportunity has been given to the member to be heard for the purpose of such expulsion. A written notice of this hearing, setting forth the time, place, and date for such meeting shall be forwarded to the member by the board, together with the charges which serve as the basis for the expulsion. The member may be expelled for failure to meet the conditions of its membership, failure to carry out its obligation to the credit union, or refusal to comply with the provisions of the law or bylaws under which the corporate credit union operates or habitual neglect to pay obligations. Upon completion of the hearing, and if the board of directors has voted to expel the member, the member shall remain liable for any sums owed to the Idaho corporate credit union for loans and/or other purposes. The Idaho corporate credit union may require twenty (20) days’ written notice to withdraw shares and/or deposits by the member, as funds become available.  History: [26-2175, added 1977, ch. 213, sec. 2, p. 614.]
ID Code § 26-2176 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2176 - MEETINGS AND ELECTIONS OF THE IDAHO CORPORATE CREDIT UNION.

26-2176. MEETINGS AND ELECTIONS OF THE IDAHO CORPORATE CREDIT UNION. Meetings and elections shall be held as indicated in the bylaws. Each member shall have one (1) vote irrespective of shareholdings. No member may vote by proxy, but may vote through a duly authorized delegate appointed by the members of the board of directors or executive committee of each corporate member.  History: [26-2176, added 1977, ch. 213, sec. 2, p. 614.]
ID Code § 26-2177 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2177 - OFFICIAL FAMILY — IDAHO CORPORATE CREDIT UNION.

26-2177. OFFICIAL FAMILY — IDAHO CORPORATE CREDIT UNION. The business affairs of the corporate credit union shall be managed by a board of directors of at least seven (7) directors. One (1) director shall be elected from the designated delegates of each of the seven (7) credit union chapters of the state, as defined by the Idaho credit union league structure. The board of directors may serve as the supervisory committee or may employ an auditor acceptable to the director and may delegate certain loan functions and preapproved lending limits to the manager of the corporate credit union.  History: [26-2177, added 1977, ch. 213, sec. 2, p. 614.]
ID Code § 26-2178 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2178 - OFFICERS — IDAHO CORPORATE CREDIT UNION.

26-2178. OFFICERS — IDAHO CORPORATE CREDIT UNION. Within sixty (60) days following the organizational meeting and at each annual meeting, the directors shall elect from their own number a chairman, one (1) or more vice-chairmen, a treasurer and a secretary, of whom the last two (2) may be the same individual. An assistant treasurer may be appointed by the board of directors. The chairman and secretary shall execute a certificate of election which shall set forth the names and addresses of the officers, directors and members elected or appointed. The certificate of election shall be executed on a form approved by the department of finance and one (1) copy of each shall be filed with the department of finance within ten (10) days after such election or appointment. The terms of the officers shall be for such terms respectively as the bylaws provide, and until their successors are chosen and have been duly qualified.  History: [26-2178, added 1977, ch. 213, sec. 2, p. 614; am. 1988, ch. 158, sec. 4, p. 289.]
ID Code § 26-2179 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2179 - BOARD OF DIRECTORS — IDAHO CORPORATE CREDIT UNION.

26-2179. BOARD OF DIRECTORS — IDAHO CORPORATE CREDIT UNION. The board of directors of the corporate credit union shall have the same general powers and duties as boards of directors of credit unions organized under the Idaho credit union act and in the corporate credit union bylaws.  History: [26-2179, added 1977, ch. 213, sec. 2, p. 615.]
ID Code § 26-2180 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2180 - LOANS TO MEMBER CREDIT UNIONS — IDAHO CORPORATE CREDIT UNION.

26-2180. LOANS TO MEMBER CREDIT UNIONS — IDAHO CORPORATE CREDIT UNION. The Idaho corporate credit union may loan to members upon such security and for purposes only as provided in its bylaws. Loans shall be evidenced by a written instrument and within limits set by board policy. No loan shall be made unless approved in writing by a majority of the board of directors or manager as delegated by the board of directors. The board may establish lines of credit to member credit unions based on the financial statements of the member credit union. Where a line of credit has been approved, application for loans need no further consideration as long as the aggregate obligation does not exceed the limits of such line of credit. The board of directors shall at least once a year review all lines of credit and any lines of credit shall expire if the member becomes more than sixty (60) days delinquent in its obligations to the Idaho corporate credit union.  History: [26-2180, added 1977, ch. 213, sec. 2, p. 615.]
ID Code § 26-2181 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2181 - COMPENSATION — CORPORATE OFFICERS.

26-2181. COMPENSATION — CORPORATE OFFICERS. The officers of the corporate credit union shall have the same rights regarding compensation as officers of other credit unions organized under the Idaho credit union act. Nothing in this section is to be interpreted to preclude the corporate credit union officers from receiving an honorarium as established annually by the board of directors for each meeting plus their actual expenses.  History: [26-2181, added 1977, ch. 213, sec. 2, p. 615.]
ID Code § 26-2182 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2182 - SHARES AND DEPOSITS.

26-2182. SHARES AND DEPOSITS. (a) A share is defined as a term applied to each one hundred dollars ($100) standing to the share account of a member. The shares of a credit union shall all be common shares of one (1) class and shall have a par value of one hundred dollars ($100) per share. No certificate shall be issued to denote ownership of a share in the credit union. (b) In the event of default, the Idaho corporate credit union shall have and may exercise a lien on the shares of any member for any sum due the credit union from said member.  History: [26-2182, added 1977, ch. 213, sec. 2, p. 616.]
ID Code § 26-2183 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2183 - RESERVE ALLOCATIONS — IDAHO CORPORATE CREDIT UNION.

26-2183. RESERVE ALLOCATIONS — IDAHO CORPORATE CREDIT UNION. No reserve shall be required for the corporate credit union except a special reserve may be required by the director of finance when an annual examination reflects need for such reserves for potential losses from investments. Loans one (1) month to six (6) months delinquent shall be required to have a reserve equal to ten percent (10%) of the unpaid balance of such loans. Loans over six (6) months delinquent shall be required to have a reserve equal to one hundred percent (100%) of the unpaid balance of such loans. The director may allow distribution of the special reserve if the losses do not materialize.  History: [26-2183, added 1977, ch. 213, sec. 2, p. 616.]
ID Code § 26-2184 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2184 - DIVIDENDS — IDAHO CORPORATE CREDIT UNION.

26-2184. DIVIDENDS — IDAHO CORPORATE CREDIT UNION. (a) After allocations to the reserve account if required by the director, the board of directors may at the end of any dividend period duly established, declare a dividend from undivided earnings as the bylaws may provide. (b) Dividends shall be paid on all fully paid shares outstanding at the close of the dividend periods. (c) And provided further that the Idaho corporate credit union may pay interest on daily deposit balances of its members which are in excess of the capital share base requirement for membership. (d) No dividend shall be declared or paid at a time when the corporation is insolvent.  History: [26-2184, added 1977, ch. 213, sec. 2, p. 616.]
ID Code § 26-2185 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2185 - APPLICABLE PROVISIONS OF THE IDAHO CREDIT UNION ACT.

26-2185. APPLICABLE PROVISIONS OF THE IDAHO CREDIT UNION ACT. The following provisions of the Idaho credit union act shall apply to the Idaho corporate credit union: (a) Share reduction, section 26-2131, Idaho Code. (b) Reports, section 26-2133, Idaho Code. (c) Books and records, section 26-2135, Idaho Code. (d) Examinations, section 26-2136A, Idaho Code. (e) False reports, section 26-2137, Idaho Code. (f) Cease and desist orders, suspension, and liquidation, section 26-2140, Idaho Code. (g) Administration, rules and regulations, section 26-2144, Idaho Code. (h) Fiscal year, section 26-2112, Idaho Code. (i) Penalties for official misconduct, section 26-2117, Idaho Code.  History: [26-2185, added 1977, ch. 213, sec. 2, p. 616; am. 2020, ch. 214, sec. 15, p. 637.]
ID Code § 26-2186 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2186 - TAXATION — IDAHO CORPORATE CREDIT UNION.

26-2186. TAXATION — IDAHO CORPORATE CREDIT UNION. The Idaho corporate credit union shall be deemed an institution for savings and, together with all the accumulations therein, shall not be subject to taxation except to real estate owned. The shares of a credit union shall not be subject to a stock transfer tax when issued by the corporation or when transferred from one (1) member to another.  History: [26-2186, added 1977, ch. 213, sec. 2, p. 617.]
ID Code § 26-2187 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2187 - CONSTRUCTION AGAINST REPEAL.

26-2187. CONSTRUCTION AGAINST REPEAL. This chapter being a general chapter intended as unified coverage of its subject matter, no part of it shall be deemed to be impliedly repealed by subsequent legislation if such construction can reasonably be avoided.  History: [26-2187, added 1977, ch. 213, sec. 2, p. 617.]
ID Code § 26-2188 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 21 - IDAHO CREDIT UNION ACT|Section 26-2188 - SEVERABILITY.

26-2188. SEVERABILITY. If any provision of this chapter or the application thereof to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this chapter which can be given effect without the invalid provisions or application, and to this end the provisions of this chapter are severable.  History: [26-2188, added 1977, ch. 213, sec. 2, p. 617.]
ID Code § 26-2221 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 22 - COLLECTION AGENCIES|Section 26-2221 - SHORT TITLE.

26-2221. SHORT TITLE. This act shall be known as the "Idaho Collection Agency Act."  History: [26-2221, added 1995, ch. 211, sec. 1, p. 716.]
ID Code § 26-2223 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 22 - COLLECTION AGENCIES|Section 26-2223 - COLLECTION AGENCY, DEBT COUNSELOR, CREDIT COUNSELOR, OR CREDIT REPAIR ORGANIZATION — LICENSE REQUIRED.

26-2223. COLLECTION AGENCY, DEBT COUNSELOR, CREDIT COUNSELOR, OR CREDIT REPAIR ORGANIZATION — LICENSE REQUIRED. No person shall without complying with the terms of this act and obtaining a license from the director: (1) Operate as a collection agency, debt counselor, credit counselor, or credit repair organization in this state. (2) Engage, either directly or indirectly, in this state in the business of collecting or receiving payment for others of any account, bill, claim or other indebtedness. (3) Solicit or advertise in this state to collect or receive payment for another of any account, bill, claim or other indebtedness. (4) Sell or otherwise distribute in this state any system or systems of collection letters or similar printed matter where the name of any person other than the particular creditor to whom the debt is owed appears. (5) Engage in any activity in this state which indicates, directly or indirectly, that a third party is or may be involved in effecting any collections. (6) Engage or offer to engage in this state, directly or indirectly, in the business of collecting any form of indebtedness for that person’s own account if the indebtedness was acquired from another person and if the indebtedness was either delinquent or in default at the time it was acquired. (7) Engage or offer to engage in this state in the business of receiving money from debtors for application or payment to or prorating of a debt owed to, any creditor or creditors of such debtor, or engage or offer to engage in this state in the business of providing counseling or other services to debtors in the management of their debts, or contracting with the debtor to effect the adjustment, compromise, or discharge of any account, note or other indebtedness of the debtor. (8) Engage or offer to engage in this state in the business of selling, providing or performing services to improve any consumer’s credit record, credit history or credit rating, or providing advice or assistance to any consumer with regard to his credit record, credit history or credit rating.  History: [26-2223, added 1970, ch. 53, sec. 2, p. 118; am. 1990, ch. 346, sec. 2. p. 932; am. 2002, ch. 190, sec. 2, p. 546; am. 2008, ch. 347, sec. 2, p. 940.]
ID Code § 26-2223A (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 22 - COLLECTION AGENCIES|Section 26-2223A - COLLECTION AGENCY OFFICE REQUIREMENTS — DESIGNATION OF RESPONSIBLE PERSON.

26-2223A. COLLECTION AGENCY OFFICE REQUIREMENTS — DESIGNATION OF RESPONSIBLE PERSON. (1) Each licensee shall maintain a home office licensed under this act as the licensee’s principal location for collection activities. Each licensee must maintain a listed telephone number and must be open to the public during normal business hours on each business day, provided, however, that the director may in his discretion approve a request for opening during hours other than normal business hours or a portion of a business day. A business day within the meaning of this section does not include Saturdays, Sundays, or legal holidays. (2) Each licensee shall designate a natural person, who meets the experience requirement of section 26-2224(6), Idaho Code, to be responsible for the collection activities carried on at each office of the licensee. If the person designated by the licensee for such purpose is not normally available at the licensee’s designated location, then the licensee’s collection activities in Idaho must begin with a written notice to each debtor setting forth a mailing address and a toll-free telephone number whereby a debtor may contact the designated responsible person during normal business hours.  History: [26-2223A, as added by 1974, ch. 154, sec. 1, p. 1379; am. 1987, ch. 297, sec. 1, p. 633; am. 1995, ch. 211, sec. 2, p. 716; am. 2008, ch. 347, sec. 3, p. 941.]