"Oath of the Bank Director" - Idaho

Oath of the Bank Director is a legal document that was released by the Idaho Department of Finance - a government authority operating within Idaho.

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Oath of the Bank Director
Bank Name ___________________________
Date ___________________
State of
County of
I, the undersigned, a director of the above-named bank do solemnly swear (affirm) that:
As a director, I have a legal responsibility and a fiduciary duty to shareholders to
administer the depository institution’s affairs faithfully and to oversee its management.
In carrying out my duties and responsibilities, I shall exercise reasonable care and place
the interests of the depository institution before my own interests. I shall fulfill my duties
of loyalty and care to the above-named depository institution.
I shall, commensurate with my duties, diligently and honestly administer the affairs of the
depository institution, and I shall not knowingly violate, or willingly permit to be violated, any
applicable statute or regulation. I shall ensure that I learn of changes in statutes, regulations, and
policies of the Office of Comptroller of the Currency, the Federal Deposit Insurance Corporation,
or any state to whose jurisdiction my association is subject, which affect my duties,
responsibilities, or obligations as a director and affiliated person of the association.
I am the owner, in good faith and in my own right, of the number of shares of stock that
the law requires. I have either subscribed for this stock or it is issued and outstanding, and it is
not hypothecated, or in any way pledged, as security for any loan or debt.
I shall attend meetings of the board of directors and participate fully on all committees of
the board to which I am appointed.
Signature
Typed Name
Mailing Address
City
State
ZIP Code
Notary’s Affirmation
Sworn to before me and subscribed in my presence, this
day of
, _________.
Notary Public
My Commission Expires _____________________________
Oath of the Bank Director
Bank Name ___________________________
Date ___________________
State of
County of
I, the undersigned, a director of the above-named bank do solemnly swear (affirm) that:
As a director, I have a legal responsibility and a fiduciary duty to shareholders to
administer the depository institution’s affairs faithfully and to oversee its management.
In carrying out my duties and responsibilities, I shall exercise reasonable care and place
the interests of the depository institution before my own interests. I shall fulfill my duties
of loyalty and care to the above-named depository institution.
I shall, commensurate with my duties, diligently and honestly administer the affairs of the
depository institution, and I shall not knowingly violate, or willingly permit to be violated, any
applicable statute or regulation. I shall ensure that I learn of changes in statutes, regulations, and
policies of the Office of Comptroller of the Currency, the Federal Deposit Insurance Corporation,
or any state to whose jurisdiction my association is subject, which affect my duties,
responsibilities, or obligations as a director and affiliated person of the association.
I am the owner, in good faith and in my own right, of the number of shares of stock that
the law requires. I have either subscribed for this stock or it is issued and outstanding, and it is
not hypothecated, or in any way pledged, as security for any loan or debt.
I shall attend meetings of the board of directors and participate fully on all committees of
the board to which I am appointed.
Signature
Typed Name
Mailing Address
City
State
ZIP Code
Notary’s Affirmation
Sworn to before me and subscribed in my presence, this
day of
, _________.
Notary Public
My Commission Expires _____________________________