Idaho Statutes

§ 68-404A — BANKS AND TRUST COMPANIES — INVESTMENT IN MUTUAL FUNDS

Idaho § 68-404A
JurisdictionIdaho
Title 68TRUSTS AND FIDUCIARIES
Ch. 4LEGAL INVESTMENTS

This text of Idaho § 68-404A (BANKS AND TRUST COMPANIES — INVESTMENT IN MUTUAL FUNDS) 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 § 68-404A (2026).

Text

(1)In addition to other investments authorized by law for the investment of funds held by a fiduciary, or by the instrument governing the fiduciary relationship, and notwithstanding any other provision of law, a bank or trust company acting as a fiduciary, agent or otherwise may, in the exercise of its investment discretion or at the direction of another person authorized to direct the investment of funds held by the bank or trust company as a fiduciary, invest and reinvest in the securities of an open-end or closed-end management investment company or investment trust registered under the federal investment company act of 1940.
(2)The fact that the bank or trust company or an affiliate of the bank or trust company provides services to the investment company or investment trust as an inv

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Legislative History

[68-404A, added 1992, ch. 54, sec. 1, p. 160.]

Nearby Sections

15
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Bluebook (online)
Idaho § 68-404A, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/68-404A.