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     Idaho Statutes

Idaho Statutes are updated to the website July 1 following the legislative session.

pecnv.out

TITLE 26
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:
[I.C., sec. 26-2605, as added by 1985, ch. 185, sec. 1, p. 474; am. 1987, ch. 294, sec. 2, p. 625; am. 1995, ch. 99, sec. 16, p. 318.]


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