26-1108 FAILURE TO TRANSMIT REPORTS. - Idaho Statutes

TITLE 26

BANKS AND BANKING

CHAPTER 11

SUPERVISION BY DEPARTMENT OF FINANCE

26-1108. Failure to transmit reports. Every bank failing to make and transmit to the department of finance any of the reports required by this act, shall at the discretion of the director, be subject to a forfeiture of fifty dollars ($50.00) a day after the time required for making such reports. Whenever any bank fails or refuses to pay the forfeiture herein imposed for a failure to make and transmit such report, the director is hereby authorized to institute proceedings to recover the forfeiture, together with interest, attorney’s fees and costs.