Title 26 — BANKS AND BANKING
33 chapters · 451 sections in this title.
Idaho Code § 26-2601 Short title
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26-2601. Short title. This chapter shall be known as the "Idaho Interstate Banking Act."
Idaho Code § 26-2602 Statement of purpose
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26-2602. Statement of purpose. It is the policy of the state of Idaho to allow acquisitions of Idaho financial institutions by out-of-state financial institution holding companies under the terms and conditions set forth in this chapter.
Idaho Code § 26-2603 Definitions
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26-2603. Definitions. As used in this chapter: (1) "Applicant" means an out-of-state financial institution holding company which has submitted an application under section 26-2605, Idaho Code. (2) "Control." A person has "control" of a financial institution or financial instituti…
Idaho Code § 26-2604 Prohibited acquisition
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26-2604. Prohibited acquisition. Except as authorized in this chapter, chapter 16, title 26, Idaho Code, and by the laws of the United States, no out-of-state financial institution or out-of-state financial institution holding company, nor any subsidiary or affiliate thereof, may…
Idaho Code § 26-2605 Acquisition by out-of-state company
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26-2605. Acquisition by out-of-state company. If an application has been submitted by such out-of-state financial institution holding company to, and prior written approval has been obtained from the director, pursuant to section 26-2606, Idaho Code, an out-of-state financial ins…
Idaho Code § 26-2606 Requirements for acquisition
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26-2606. Requirements for acquisition. No person shall effect any of the transactions described in section 26-2605, Idaho Code, or make any public offer to do so unless it shall first have complied with the provisions of chapters 5 and 9, title 26, Idaho Code, and this section. (…
Idaho Code § 26-2607 Acquisition of failing institution
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26-2607. Acquisition of failing institution. (1) Notwithstanding any provision of the laws of this state to the contrary, if the director determines, in his discretion, that an Idaho financial institution is in danger of failing, or takes possession of a failing Idaho financial i…
Idaho Code § 26-2608 Conditions for approval
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26-2608. Conditions for approval. The director may make the acquisition of an Idaho financial institution by an out-of-state financial institution holding company subject to any conditions, restrictions, and requirements that would apply to the acquisition by an Idaho financial i…
Idaho Code § 26-2610 Cooperative agreements
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26-2610. Cooperative agreements. (1) The director is authorized to enter into cooperative and reciprocal agreements with other financial institution regulatory agencies, both federal and state, and from bank supervisory authorities from foreign countries, to facilitate the regula…
Idaho Code § 26-2611 No repeal by implication
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26-2611. No repeal by implication. Nothing contained in this chapter, or any amendment thereto, shall be construed to amend or modify the provisions of any other chapter of this title governing the supervision or regulation of financial institutions and financial institution hold…
Idaho Code § 26-2612 Severability
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26-2612. Severability. If any court of competent jurisdiction shall adjudge to be invalid or unconstitutional any clause, sentence, paragraph, section or part of this chapter, such judgment or decree shall not affect, impair, invalidate or nullify the remainder of this chapter, b…
Idaho Code § 26-2613 Banks as "issuing public corporations."
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26-2613. Banks as "issuing public corporations." Notwithstanding any other provision of law, banks chartered by the state of Idaho and bank holding companies as defined in section 26-501, Idaho Code, shall be considered "issuing public corporations" as used in chapters 16 and 17,…