{"data":{"id":"us-id/idaho-code-26-704","jurisdiction":"us-id","citation":"Idaho Code § 26-704","heading":"Determination of limits of loans and investments of banks.","body":"For the purpose of determining limitations on loans and investments the following items are to be disregarded:\n(1) The sale of excess reserve funds by one (1) bank to another bank;\n(2) The purchase of securities by a bank, under an agreement to resell at the end of a stated period; and\n(3) The purchase of mortgage loans by a bank, under agreement to resell at the end of a stated period.\nThe director may, upon application by a bank, approve loans and investments in excess of the limitations provided in this chapter.","path":["TITLE 26 BANKS AND BANKING","CHAPTER 7 LIMITATIONS ON LOANS, INVESTMENTS, AND PRACTICES"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title26/t26ch7/sect26-704/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:00Z","sha256":"d70b0a61133fd8a9b73a875af5b2311a98865b5bd63900fb6438769e5deb78f3","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-26-703","next":"us-id/idaho-code-26-705"},"notice":"GroundRules: Original legal text. Not legal advice."}
