US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 37
                      IDAHO HOSPITAL LIABILITY TRUST ACT
    41-3704.  TITLE TO PROPERTY OF TRUSTS -- LIABILITY OF TRUSTS AND TRUSTEES.
The trustee of trusts established pursuant to this act shall hold the legal
title to all property at any time belonging to the trust. They shall have
control over such property as well as the control and management of the
business and affairs of the trust. Liability to third persons for any act,
omission or obligation of a trustee of a trust, when acting in such capacity,
shall extend to the whole of the trust estate, or so much thereof as may be
necessary to discharge such obligation, but no trustee shall be personally
liable for such act, omission or obligation, except as provided herein. The
trustee shall have such powers as to the investment of the trust estate as may
be set out in the declaration of trust and in section 41-3712, Idaho Code,
without regard to the type of investments to which trustees generally are
restricted by the provisions of title 68, Idaho Code. In addition, the trustee
shall have any powers, whether conferred upon them by the trust agreement or
otherwise, to perform all acts necessary or desirable to the conduct of the
business of a public liability insurer.