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Idaho Statutes
Idaho Statutes are updated to the website July 1 following the legislative session.
BANKS AND BANKING
CHAPTER 26
IDAHO INTERSTATE BANKING ACT
26-2605. Acquisition by out-of-state company. If an application has been submitted by such out-of-state financial institution holding company to, and prior written approval has been obtained from the director, pursuant to section 26-2606, Idaho Code, an out-of-state financial institution holding company may:
(a) Acquire control of;
(b) Acquire all or substantially all of the assets of;
(c) Merge or consolidate with; or
(d) Assume the deposit liabilities of an Idaho financial institution.
History: