Idaho § 26-1707 ACTIONS AGAINST INTERNATIONAL BANKING CORPORATIONS

Idaho Statutes

§ 26-1707 — ACTIONS AGAINST INTERNATIONAL BANKING CORPORATIONS

Idaho § 26-1707

Title 26BANKS AND BANKING

Ch. 17IDAHO INTERNATIONAL BANKING ACT

This text of Idaho § 26-1707 (ACTIONS AGAINST INTERNATIONAL BANKING CORPORATIONS) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 26-1707 (2026).

Text

(1)A "resident of this state" may maintain an action against an international banking corporation doing business in this state for any cause of action. For purposes of this subsection, the term resident of this state includes any individual domiciled in this state, or any corporation, partnership, or trust formed under the laws of this state.

(2)An international banking corporation or a nonresident of this state may maintain an action against an international banking corporation doing business in this state in the following cases only:

(a)Where the action is brought to recover damages for the breach of a contract made or to be performed within this state or relating to property situated within this state at the time of the making of the contract;

(b)Where the subject matter of the liti

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(1) A "resident of this state" may maintain an action against an international banking corporation doing business in this state for any cause of action. For purposes of this subsection, the term resident of this state includes any individual domiciled in this state, or any corporation, partnership, or trust formed under the laws of this state.
(2) An international banking corporation or a nonresident of this state may maintain an action against an international banking corporation doing business in this state in the following cases only:
(a) Where the action is brought to recover damages for the breach of a contract made or to be performed within this state or relating to property situated within this state at the time of the making of the contract;
(b) Where the subject matter of the litigation is situated within this state;
(c) Where the cause of action arose within this state, except where the object of the action is to affect the title of real property situated outside this state; or
(d) Where the action is based on a liability for acts done within this state by an international banking corporation or its international bank agency, international bank branch, or international representative office.
(3) The limitations contained in subsection (2) of this section, do not apply to a corporation formed and existing under the laws of the United States and that maintains an office in this state.