State Codes and Statutes
Statutes > Idaho > Title26 > T26ch26 > T26ch26sect26-2609BANKS AND BANKING
CHAPTER 26
IDAHO INTERSTATE BANKING ACT
26-2609. Penalties. (1) Any person who willfully violates any provision of this chapter or any rule or order issued by the director pursuant to this chapter shall forfeit and pay a civil penalty of not more than one thousand dollars ($1,000) per day for each day during which the violation continues. The director may assess the civil penalty after giving notice and an opportunity to the person to submit data, views and arguments, and after giving due consideration to the size, financial resources and good faith of the person charged, the gravity of the violation and any data, views and arguments submitted. The director shall collect the civil penalty by bringing an action in the district court of the county in which the office of the director is located. Any applicant for approval of an acquisition is considered to have consented to the jurisdiction and venue of the court by the filing of any application for approval.
(2) The director may secure injunctive relief in the district court of the county in which the office of the director is located to prevent any change in control pending completion of the procedures set forth in this chapter.
