LENDING OF CREDIT -- SURETYSHIP AND GUARANTYSHIP

Idaho Code § 26-711, under LIMITATIONS ON LOANS, INVESTMENTS, AND PRACTICES.

Idaho Code § 26-711

26-711. LENDING OF CREDIT -- SURETYSHIP AND GUARANTYSHIP. A bank may lend its credit, bind itself as a surety to indemnify another, or otherwise become a guarantor, only if it has a substantial interest in the performance of the transaction involved or has a segregated deposit sufficient in amount to cover the bank's total potential liability.