# Idaho Code § 26-1109: 26-1109 BOOKS AND ACCOUNTS

> Idaho · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1109

## Section

- **Citation:** Idaho Code § 26-1109
- **Heading:** 26-1109 BOOKS AND ACCOUNTS
- **Jurisdiction:** Idaho
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Idaho Code / Title 26 / Chapter 11 / Section 26-1109

## Text

26-1109. Books and accounts. Whenever it appears to the department of finance that any bank does not keep books and accounts in such manner as to enable it to readily ascertain the true condition of such bank, or that such books and accounts are not kept in a manner which will minimize, as far as possible, loss through dishonesty of its officers or employees or otherwise, the department shall have power to require the officers of such bank or any of them, to open and keep such books or accounts as the department may, in its discretion, determine and prescribe for the purpose of keeping accurate and convenient records of the transactions and accounts of such bank.

The directors of any bank shall, within ten (10) days from receipt by the bank of a written statement from the department that the bank's internal auditing procedures are inadequate or deficient in any respect in the opinion of the department, retain, at the bank's sole expense, an independent licensed certified public accountant, approved by the director, to forthwith make an audit of the bank, and upon completion thereof a certified copy of the audit shall be delivered to the department.

History:

[26-1109, added 1979, ch. 41, sec. 2, p. 116.]

## Nearby sections

- [Idaho Code § 26-1101 26-1101 ADMINISTRATION — RULES AND POWERS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1101.md)
- [Idaho Code § 26-1102 26-1102 EXAMINATION BY DEPARTMENT.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1102.md)
- [Idaho Code § 26-1103 26-1103 REFUSAL TO SUBMIT TO EXAMINATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1103.md)
- [Idaho Code § 26-1104 26-1104 FEES.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1104.md)
- [Idaho Code § 26-1105 26-1105 DIRECTORS TO BE ADVISED OF CONDITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1105.md)
- [Idaho Code § 26-1106 26-1106 REPORTS OF BANK.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1106.md)
- [Idaho Code § 26-1107 26-1107 REPORTS — DUTIES OF DEPARTMENT OF FINANCE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1107.md)
- [Idaho Code § 26-1109 26-1109 BOOKS AND ACCOUNTS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1109.md)
- [Idaho Code § 26-1110 26-1110 PROOF THAT SERVICES PERFORMED WILL BE SUBJECT TO REGULATION AND EXAMINATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1110.md)
- [Idaho Code § 26-1111 26-1111 RECORDS NOT PUBLIC.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1111.md)
- [Idaho Code § 26-1112 26-1112 PENALTY FOR DISCLOSURE OF CONFIDENTIAL INFORMATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1112.md)
- [Idaho Code § 26-1113 26-1113 IMPAIRMENT OF CAPITAL — ASSESSMENT.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1113.md)
- [Idaho Code § 26-1114 26-1114 SUSPENSION OR REMOVAL OF DIRECTORS, OFFICERS OR EMPLOYEES — PROHIBITION OF FUTURE EMPLOYMENT.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1114.md)
- [Idaho Code § 26-1115 26-1115 CEASE AND DESIST ORDERS — PENALTIES.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1115.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C11_S26-1109. Check the current official text before relying on it. Not legal advice.