Idaho Code § 26-1112

Current through the 2024 Regular Session
Section 26-1112 - PENALTY FOR DISCLOSURE OF CONFIDENTIAL INFORMATION
(1) Neither the department of finance, its director nor its employees shall disclose to any person or agency any fact or information obtained in the course of business of the department under this act, except in the following cases:
(a) When by the terms of this act or chapter 1, title 74, Idaho Code, it is made the duty of the department to make public records and publish the same.
(b) When the department is required by law to take special action regarding the affairs of any bank.
(c) When called as a witness in any criminal proceeding in a court of competent jurisdiction, provided that the court must review such information in chambers to determine the necessity of disclosing such information, and subject to the privilege provided by subsection (3) of section 26-1111, Idaho Code.
(d) When, in the case of a problem bank, it is necessary or advisable, in the discretion of the director, for the good of the public or of the depositors.
(e) When, in the discretion of the department, it is advisable to disclose any such information to a state or federal bank supervisory agency.
(2) Any person violating the provisions of this section shall be guilty of a felony and conviction shall subject the offender to a forfeiture of his office or employment.

Idaho Code § 26-1112

[26-1112, added 1979, ch. 41, sec. 2, p. 117; am. 1990, ch. 213, sec. 22, p. 502; am. 1993, ch. 187, sec. 2, p. 478; am. 2015, ch. 141, sec. 43, p. 414.]
Amended by 2015 Session Laws, ch. 141,sec. 43, eff. 7/1/2015.