Idaho Statutes

§ 26-3302 — BRANCHES AND OFFICES OF STATE TRUST INSTITUTIONS

Idaho·Title 26 BANKS AND BANKING·Ch. 33 TRUST INSTITUTIONS — STATE TRUST INSTITUTION OFFICES
(1)A state trust institution may act as a fiduciary and engage in a trust business at each trust office as permitted by this act, and at a branch in this state.
(2)A state trust institution may not act as a fiduciary but may otherwise engage in a trust business at a representative trust office as permitted by this act.
(3)Notwithstanding subsections (1) and (2) of this section, a state trust institution may not engage at an out-of-state office in any trust business not permitted for such an office by the host state to trust institutions chartered by such state.

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Legislative History

[26-3302, added 2000, ch. 288, sec. 9, p. 981.]

Nearby Sections

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