reglab/housing_qa huggingface dataset:
ID Code § 26-2418 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 24 - INDUSTRIAL DEVELOPMENT CORPORATIONS|Section 26-2418 - FISCAL YEAR.

26-2418. FISCAL YEAR. Corporations organized under this act shall adopt the calendar year as their fiscal year.  History: [(26-2418) 1963, ch. 273, sec. 18, p. 695; I.C., sec. 30-1518 (1963 Supp.).]
ID Code § 26-2501 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 25 - LOAN BROKERS|Section 26-2501 - DEFINITION.

26-2501. DEFINITION. "Loan broker" means any person, corporation, partnership or other business entity which offers for compensation, in this state, to arrange for a loan or other extension of credit. "Loan broker" includes a person, corporation, partnership or other business entity which, for compensation or for no compensation, advertises, solicits, or offers to make or to obtain for others a loan or other extension of credit.  History: [26-2501, added 1979, ch. 298, sec. 1, p. 780; am. 2005, ch. 265, sec. 18, p. 826.]
ID Code § 26-2502 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 25 - LOAN BROKERS|Section 26-2502 - EXCEPTIONS.

26-2502. EXCEPTIONS. This chapter shall not apply to: (a) Any person doing business under any law of this state or of the United States relating to banks, credit unions, trust companies, savings and loan associations, insurers, pension trusts, real estate investment trusts and other financial institutions, or under the Idaho credit code; (b) Any corporation, association, syndicate, joint stock company, or partnership engaged exclusively in the business of marketing agricultural, horticultural, viticultural, dairy, livestock, poultry, or bee products on a cooperative nonprofit basis in loaning or advancing money to the members thereof or in connection with any such business; (c) Any corporation securing money or credit from any federal intermediate credit bank organized and existing pursuant to the provisions of an act of congress entitled "Agricultural Credits Act of 1923," in loaning or advancing money or credit so secured; (d) Any person who is a F.H.A. (Federal Housing Administration) approved mortgagor; (e) Loans made by a broker-dealer licensed under the Idaho securities act if the loan is made in accordance with applicable provisions of the Idaho securities act, the securities act of 1933, the securities exchange act of 1934 and regulation T of the federal reserve board, code of federal regulations, part 220 of title 12; or (f) Fees and charges authorized by laws of this state or the laws of the United States if the maximum charge and the manner of collecting the charge are set out in the law or in regulations adopted under the law. (g) Any person licensed as a mortgage broker or mortgage banker pursuant to chapter 31, title 26, Idaho Code.  History: [26-2502, added 1979, ch. 298, sec. 1, p. 780; am. 1996, ch. 324, sec. 2, p. 1108; am. 1998, ch. 337, sec. 4, p. 1083.]
ID Code § 26-2503 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 25 - LOAN BROKERS|Section 26-2503 - FEES PROHIBITED UNTIL A LOAN IS MADE.

26-2503. FEES PROHIBITED UNTIL A LOAN IS MADE. No loan broker shall directly or indirectly receive any fee, interest or other charge of any nature until a loan or extension of credit is made or a written commitment to loan or extend credit is made by any person exempt under section 26-2502, Idaho Code.  History: [26-2503, added 1979, ch. 298, sec. 1, p. 781; am. 1992, ch. 28, sec. 1, p. 89.]
ID Code § 26-2504 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 25 - LOAN BROKERS|Section 26-2504 - FEES RECOVERABLE.

26-2504. FEES RECOVERABLE. A person damaged as a result of a violation of the provisions of this chapter may recover from the loan broker the amount of the fee thus paid, plus damages in the amount of twice the fee.  History: [26-2504, added 1979, ch. 298, sec. 1, p. 781; am. 1992, ch. 28, sec. 2, p. 89.]
ID Code § 26-2505 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 25 - LOAN BROKERS|Section 26-2505 - ADMINISTRATION — ENFORCEMENT — ACTIONS FOR MONETARY RELIEF.

26-2505. ADMINISTRATION — ENFORCEMENT — ACTIONS FOR MONETARY RELIEF. (1) The director of the Idaho department of finance shall have the power to administer and enforce the provisions of this chapter. Whenever it appears to the director that a loan broker has violated section 26-2503, Idaho Code, the director shall have the powers and remedies set forth in sections 67-2754, 67-2755, 67-2757, 67-2758 and 67-2759, Idaho Code. (2) The receiving of any fee, interest or other charge in violation of this chapter shall also be deemed an unfair and deceptive practice in violation of the Idaho consumer protection act; provided however, no person aggrieved by a violation of this chapter can recover or attempt to recover monetary relief under both this chapter and the Idaho consumer protection act, but rather such person must elect whether to file an action pursuant to this chapter or the Idaho consumer protection act.  History: [26-2505, added 1979, ch. 298, sec. 1, p. 781; am. 1992, ch. 28, sec. 3, p. 90; am. 2005, ch. 265, sec. 19, p. 826.]
ID Code § 26-2506 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 25 - LOAN BROKERS|Section 26-2506 - CRIMINAL PENALTY.

26-2506. CRIMINAL PENALTY. Any person who wilfully violates any provision of chapter 25, title 26, Idaho Code, shall be guilty of a felony.  History: [26-2506, added 1981, ch. 239, sec. 1, p. 482.]
ID Code § 26-2601 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 26 - IDAHO INTERSTATE BANKING ACT|Section 26-2601 - SHORT TITLE.

26-2601. SHORT TITLE. This chapter shall be known as the "Idaho Interstate Banking Act."  History: [26-2601, added 1985, ch. 185, sec. 1, p. 474; am. 1995, ch. 99, sec. 12, p. 316.]
ID Code § 26-2602 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 26 - IDAHO INTERSTATE BANKING ACT|Section 26-2602 - STATEMENT OF PURPOSE.

26-2602. STATEMENT OF PURPOSE. It is the policy of the state of Idaho to allow acquisitions of Idaho financial institutions by out-of-state financial institution holding companies under the terms and conditions set forth in this chapter.  History: [26-2602, added 1985, ch. 185, sec. 1, p. 474; am. 1995, ch. 99, sec. 13, p. 316.]
ID Code § 26-2604 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 26 - IDAHO INTERSTATE BANKING ACT|Section 26-2604 - PROHIBITED ACQUISITION.

26-2604. PROHIBITED ACQUISITION. Except as authorized in this chapter, chapter 16, title 26, Idaho Code, and by the laws of the United States, no out-of-state financial institution or out-of-state financial institution holding company, nor any subsidiary or affiliate thereof, may establish or maintain an office of, or conduct the business of, a financial institution in this state; nor may such out-of-state financial institutions or out-of-state financial institution holding companies, or any subsidiaries or affiliates thereof, directly or indirectly, acquire control of, acquire substantially all of the assets of, merge with, consolidate with, or assume the deposit liabilities of an Idaho financial institution or an Idaho financial institution holding company.  History: [26-2604, added 1985, ch. 185, sec. 1, p. 476; am. 1995, ch. 99, sec. 15, p. 318.]
ID Code § 26-2605 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 26 - IDAHO INTERSTATE BANKING ACT|Section 26-2605 - ACQUISITION BY OUT-OF-STATE COMPANY.

26-2605. ACQUISITION BY OUT-OF-STATE COMPANY. If an application has been submitted by such out-of-state financial institution holding company to, and prior written approval has been obtained from the director, pursuant to section 26-2606, Idaho Code, an out-of-state financial institution holding company may: (a) Acquire control of; (b) Acquire all or substantially all of the assets of; (c) Merge or consolidate with; or (d) Assume the deposit liabilities of an Idaho financial institution.  History: [I.C., sec. 26-2605, as added by 1985, ch. 185, sec. 1, p. 474; am. 1987, ch. 294, sec. 2, p. 625; am. 1995, ch. 99, sec. 16, p. 318.]
ID Code § 26-2607 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 26 - IDAHO INTERSTATE BANKING ACT|Section 26-2607 - ACQUISITION OF FAILING INSTITUTION.

26-2607. ACQUISITION OF FAILING INSTITUTION. (1) Notwithstanding any provision of the laws of this state to the contrary, if the director determines, in his discretion, that an Idaho financial institution is in danger of failing, or takes possession of a failing Idaho financial institution pursuant to the provisions of title 26, Idaho Code, and if the director deems it to be in the public interest and necessary to protect depositors, creditors and other customers of that financial institution, the director may solicit offers from, and authorize or require the acquisition of such failing Idaho financial institution by a financial institution or financial institution holding company organized and operated under the laws of any state or the United States. Acquisition may be through merger, consolidation, purchase of all or substantially all of the assets and assumption of liabilities, or purchase of all or a controlling part of the shares of the acquired institution. (2) The director may not, under this section, accept any offers from, or authorize or require any acquisition by a financial institution holding company as described in subsection (1) of this section, unless he finds that: (a) The subsidiaries of the financial institution holding company have demonstrated an acceptable record of meeting the credit needs of the communities it serves; and (b) The financial institution holding company and its subsidiaries have a record of sound performance, capital adequacy, financial capacity and efficient management such that the acquisition would not jeopardize the financial stability of the acquired institution and would not be detrimental to the interests of depositors, creditors, or other customers of the acquired institution or the public interest. (3) To protect the interest of depositors, creditors and other customers of a failing Idaho financial institution, the director may waive any of the procedures set forth in section 26-2606, Idaho Code, or in any rule of the department if he deems it necessary to implement the purposes of this section.  History: [26-2607, added 1985, ch. 185, sec. 1, p. 479; am. 1987, ch. 294, sec. 3, p. 628; am. 1995, ch. 99, sec. 18, p. 321.]
ID Code § 26-2608 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 26 - IDAHO INTERSTATE BANKING ACT|Section 26-2608 - CONDITIONS FOR APPROVAL.

26-2608. CONDITIONS FOR APPROVAL. The director may make the acquisition of an Idaho financial institution by an out-of-state financial institution holding company subject to any conditions, restrictions, and requirements that would apply to the acquisition by an Idaho financial institution holding company of a financial institution or a financial institution holding company in the state where such acquiring financial institution holding company’s operations are principally conducted, which conditions, restrictions and requirements would not apply to acquisitions by a financial institution or financial institution holding company all of whose financial institution subsidiaries are located in that state.  History: [26-2608, added 1985, ch. 185, sec. 1, p. 480; am. 1995, ch. 99, sec. 19, p. 321.]
ID Code § 26-2610 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 26 - IDAHO INTERSTATE BANKING ACT|Section 26-2610 - COOPERATIVE AGREEMENTS.

26-2610. COOPERATIVE AGREEMENTS. (1) The director is authorized to enter into cooperative and reciprocal agreements with other financial institution regulatory agencies, both federal and state, and from bank supervisory authorities from foreign countries, to facilitate the regulation of financial institutions and financial institution holding companies doing business in this state. The director may accept reports of examinations and other records from such other agencies in lieu of conducting his own examinations of financial institutions controlled by financial institution holding companies located in other states. The director may share examination reports with such other agencies. The director may examine such institutions in Idaho, in the financial institution’s home state or such other location as may be necessary. The director may take any action jointly with other regulatory agencies having concurrent jurisdiction over financial institutions and financial institution holding companies doing business in this state or may take such actions independently in order to carry out his responsibilities. (2) The director may, in his discretion, enter into agreements with a professional association of which the department is a member. The purposes of such agreements may include the facilitation of examination of banks or bank holding companies operating in other states in addition to Idaho. Notwithstanding any other provision of law, such examination agreements may provide for the exchange of bank information, including examination reports, with such a professional association; provided however, that such communication shall not constitute a public disclosure of such records under chapter 1, title 74, Idaho Code, nor a waiver of the statutory privilege in section 26-1111, Idaho Code.  History: [26-2610, added 1985, ch. 185, sec. 1, p. 481; am. 1995, ch. 99, sec. 21, p. 322; am. 2015, ch. 141, sec. 44, p. 414.]
ID Code § 26-2611 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 26 - IDAHO INTERSTATE BANKING ACT|Section 26-2611 - NO REPEAL BY IMPLICATION.

26-2611. NO REPEAL BY IMPLICATION. Nothing contained in this chapter, or any amendment thereto, shall be construed to amend or modify the provisions of any other chapter of this title governing the supervision or regulation of financial institutions and financial institution holding companies or the organization and powers of the department of finance and the director with respect thereto as may be provided in such other chapter.  History: [26-2611, added 1985, ch. 185, sec. 1, p. 481; am. 1995, ch. 99, sec. 22, p. 323.]
ID Code § 26-2612 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 26 - IDAHO INTERSTATE BANKING ACT|Section 26-2612 - SEVERABILITY.

26-2612. SEVERABILITY. If any court of competent jurisdiction shall adjudge to be invalid or unconstitutional any clause, sentence, paragraph, section or part of this chapter, such judgment or decree shall not affect, impair, invalidate or nullify the remainder of this chapter, but the effect thereof shall be confined to the clause, sentence, paragraph, section or part of this chapter so adjudged to be invalid or unconstitutional.  History: [I.C. sec. 26-2612, as added by 1985, ch. 185, sec. 1, p. 474; am. 1987, ch. 294, sec. 4, p. 625; am. 1995, ch. 99, sec. 23, p. 323.]
ID Code § 26-2613 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 26 - IDAHO INTERSTATE BANKING ACT|Section 26-2613 - BANKS AS “ISSUING PUBLIC CORPORATIONS.”

26-2613. BANKS AS "ISSUING PUBLIC CORPORATIONS." Notwithstanding any other provision of law, banks chartered by the state of Idaho and bank holding companies as defined in section 26-501, Idaho Code, shall be considered "issuing public corporations" as used in chapters 16 and 17, title 30, Idaho Code.  History: [26-2613, added 1995, ch. 99, sec. 24, p. 323.]
ID Code § 26-2701 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 27 - BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS|Section 26-2701 - PURPOSE OF CHAPTER.

26-2701. PURPOSE OF CHAPTER. The purposes of this chapter are to: (1) Promote economic development by encouraging the formation of business and industrial development corporations, a new type of private institution, to help meet the financing assistance and management assistance needs of business firms. (2) Provide for a system of licensing, regulation, and enforcement that will enable business and industrial development corporations to satisfy eligibility requirements to participate, if they so choose, in the program of the small business administration pursuant to section 7(a) of the small business act, Public Law 85-536, 15 U.S.C. section 636(a), and other programs for which they may be eligible. (3) Provide for a system of licensing, regulation, and enforcement designed to prevent fraud, conflict of interest, and mismanagement, and to promote competent management, accurate recordkeeping, and appropriate communication with shareholders in order to provide the following: (a) Comfort to prospective shareholders in order to facilitate equity investments in business and industrial development corporations; (b) Comfort to prospective debt sources in order to facilitate the borrowing of money by business and industrial development corporations; and (c) Protection of the general reputation of business and industrial development corporations as a type of institution in order to increase the confidence of prospective equity investors in and prospective debt sources for those institutions. It is hereby further declared that all of the foregoing are public purposes and uses for which public moneys may be expended or granted and that such activities are governmental functions and serve a public purpose in improving or otherwise benefiting the people of this state; that the necessity of enacting the provisions hereinafter set forth is in the public interest and is hereby so declared as a matter of express legislative determination.  History: [26-2701, added 1989, ch. 252, sec. 1, p. 602; am. 2002, ch. 145, sec. 1, p. 407.]
ID Code § 26-2703 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 27 - BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS|Section 26-2703 - POWERS OF DIRECTOR.

26-2703. POWERS OF DIRECTOR. (1) The director shall administer this chapter. The director may issue orders and promulgate rules that, in the opinion of the director, are necessary to execute, enforce, and effectuate the purposes of this chapter. Any rules promulgated shall be promulgated in accordance with chapter 52, title 67, Idaho Code. The director may promulgate rules pursuant to this chapter and chapter 52, title 67, Idaho Code, prior to the effective date of this chapter. (2) Whenever the director issues an order or license under this chapter, the director may impose conditions that are necessary, in the opinion of the director, to carry out this chapter and the purposes of this chapter. (3) The director may honor applications from interested persons for declaratory rulings regarding any provisions of this chapter and may seek declaratory judgments from a court of competent jurisdiction. (4) Every final order, decision, license, or other official action of the director under this chapter is subject to judicial review in accordance with law. (5) The director is hereby authorized to use a reasonable amount of excess funds, if the director deems them to be available, from the finance administrative account for the purpose of preparing and distributing informational materials describing the provisions of this chapter.  History: [26-2703, added 1989, ch. 252, sec. 1, p. 605.]
ID Code § 26-2704 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 27 - BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS|Section 26-2704 - APPLICATIONS — INVESTIGATIONS — SERVICE OF PROCESS.

26-2704. APPLICATIONS — INVESTIGATIONS — SERVICE OF PROCESS. (1) An application filed with the director under this chapter shall be in such a form and contain such information as the director may require. (2) The director may make public or private investigations within or outside this state that the director considers necessary to determine whether to approve an application filed with the director under the provisions of this chapter, to determine whether a person has violated or is about to violate the provisions of this chapter, to aid in the enforcement of the provisions of this chapter or to aid in issuing an order or promulgating a rule under this chapter. (3) For purposes of an investigation, examination, or other proceeding under this chapter, the director may administer oaths and affirmations, subpoena witnesses, compel the attendance of witnesses, take evidence, and require the production of books, papers, correspondence, memoranda, agreements, or other documents or records which the director considers relevant or material to the proceeding. (4) If a person fails to comply with a subpoena issued by the director or to testify with respect to a matter concerning which the person may be lawfully questioned, the court, on application of the director, may issue an order requiring the attendance of the person and the giving of testimony or production of evidence. (5) Service of process authorized to be made by the director in connection with a noncriminal proceeding under this chapter may be made by registered or certified mail.  History: [26-2704, added 1989, ch. 252, sec. 1, p. 605.]
ID Code § 26-2705 (2021)
2021 Idaho Code|Title 26 - BANKS AND BANKING|Chapter 27 - BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS|Section 26-2705 - FEES.

26-2705. FEES. (1) The director shall set the fees required under this chapter at a level sufficient to cover the department’s expenses which arise due to the administration of the provisions of this chapter provided, the fees shall be set within the parameters set forth in this section. (a) The fee for filing an application for a license shall not exceed twenty-five hundred dollars ($2,500). (b) The fee for filing an application for approval to acquire control of a licensee shall not exceed twelve hundred and fifty dollars ($1,250). (c) The fee for filing an application for approval for a licensee to merge with another corporation, an application for approval for a licensee to purchase all or substantially all of the business of another person, or an application for approval for a licensee to sell all or substantially all of its business or of the business of any of its offices to another licensee shall not exceed twelve hundred and fifty dollars ($1,250). If two (2) or more applications relating to the same merger, purchase, or sale are filed, the fee for filing each application shall be the quotient determined by dividing the applicable fee set by the director by the number of the applications. (d) The annual fee for a licensee shall not exceed twenty-five hundred dollars ($2,500), payable on or before June 30 of each year. (e) Whenever the director examines a licensee or a subsidiary of a licensee, within ten (10) days after receiving a statement from the director, the licensee shall pay a fee established by the director based on the number of examiner hours used for the examination, plus travel expenses. Examiner time shall be billed at a rate not less than twenty-five dollars ($25.00) per hour and not more than forty dollars ($40.00) per hour. (2) A fee for filing an application with the director is nonrefundable and shall be paid at the time the application is filed with the director. (3) A fee collected under this section shall be deposited into the finance administrative account pursuant to section 67-2702, Idaho Code. Money in this account shall be used only for the operation of the department.  History: [26-2705, added 1989, ch. 252, sec. 1, p. 606.]