Idaho § 26-2605 ACQUISITION BY OUT-OF-STATE COMPANY

Idaho Statutes

§ 26-2605 — ACQUISITION BY OUT-OF-STATE COMPANY

Idaho § 26-2605

Title 26BANKS AND BANKING

Ch. 26IDAHO INTERSTATE BANKING ACT

This text of Idaho § 26-2605 (ACQUISITION BY OUT-OF-STATE COMPANY) 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 § 26-2605 (2026).

Text

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.

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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.