Idaho § 67-1304 CUSTODIANS OF FEDERALLY INSURED DEPOSITS

Idaho Statutes

§ 67-1304 — CUSTODIANS OF FEDERALLY INSURED DEPOSITS

Idaho § 67-1304

Title 67STATE GOVERNMENT AND STATE AFFAIRS

Ch. 13CUSTODIAN FOR MONEY AND SECURITIES HELD BY STATE

This text of Idaho § 67-1304 (CUSTODIANS OF FEDERALLY INSURED DEPOSITS) 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 § 67-1304 (2026).

Text

Whenever the time deposits made by the state treasurer with financial institutions may be insured in whole or in part by the federal deposit insurance corporation, the federal savings and loan insurance corporation, or other federal program, and the amount of insurance available may be affected by the appointment of multiple custodians, the state treasurer shall appoint multiple custodians in such a manner as to maximize the amount of insurance provided.

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Whenever the time deposits made by the state treasurer with financial institutions may be insured in whole or in part by the federal deposit insurance corporation, the federal savings and loan insurance corporation, or other federal program, and the amount of insurance available may be affected by the appointment of multiple custodians, the state treasurer shall appoint multiple custodians in such a manner as to maximize the amount of insurance provided.