Idaho Statutes

§ 26-402 — INVESTMENT IN SERVICE CORPORATION

Idaho·Title 26 BANKS AND BANKING·Ch. 4 BANK SERVICE CORPORATIONS
No limitation or prohibition otherwise imposed by any provision of the laws of the state of Idaho exclusively relating to banks shall prevent or prohibit any two (2) or more banks from investing not more than ten percent (10%) of the paid-in and unimpaired capital and unimpaired surplus of each of them in a bank service corporation.

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Legislative History

[26-402, added 1979, ch. 41, sec. 2, p. 80.]

Nearby Sections

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