Idaho Statutes
§ 57-127A — DEPOSIT FOR SAFEKEEPING — RESPONSIBILITY
Idaho § 57-127A
This text of Idaho § 57-127A (DEPOSIT FOR SAFEKEEPING — RESPONSIBILITY) 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 § 57-127A (2026).
Text
The treasurer may deposit for safekeeping with a designated depository or a federal reserve bank any bonds, notes, bills, debentures, obligations, or certificates of indebtedness in which the moneys of the taxing unit or its agencies are invested pursuant to law; provided the treasurer shall take from the designated depository a receipt for the securities deposited. A treasurer may accept securities in authorized book entry form. The treasurer shall not be responsible for securities so deposited until they are withdrawn by the treasurer from the designated depository, except insofar as a violation by the treasurer of the prudent man investment rule contributes to any loss.
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Legislative History
[57-127A, added 1974, ch. 148, sec. 1, p. 1366; am. 1983, ch. 38, sec. 5, p. 91; am. 1986, ch. 74, sec. 1, p. 226.]
Nearby Sections
15
§ 57-101
NAME OF ACT§ 57-102
SCOPE OF ACT§ 57-103
DEFINITIONS§ 57-104
DEPOSITING UNIT§ 57-105
PUBLIC MONEYS§ 57-106
SUPERVISING BOARD§ 57-107
TREASURER§ 57-108
AUDITOR§ 57-110
DESIGNATED DEPOSITORY§ 57-1101
CREATION OF PERMANENT BUILDING FUNDCite This Page — Counsel Stack
Bluebook (online)
Idaho § 57-127A, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/57-127A.