2005 Idaho Code - 26-907 — CONTINUATION OF CORPORATE ENTITY -- USE OF OLD NAME

                                  TITLE  26
                              BANKS AND BANKING
                                  CHAPTER 9
                    CONSOLIDATION, SALE AND REORGANIZATION
    26-907.  CONTINUATION OF CORPORATE ENTITY -- USE OF OLD NAME. (1) A
resulting state or national bank shall be the same business and corporate
entity as each merging bank or as the converting bank with all the property,
rights, powers, and duties of each merging bank or the converting bank, except
as affected by the law of this state in the case of a resulting state bank or
the laws of the United States in the case of a resulting national bank, and by
the charter and bylaws of the resulting bank.
    (2)  A resulting bank shall have the right to use the name of any merging
bank or of the converting bank whenever it can do any act under such name more
conveniently.
    (3)  Any reference to a merging or converting bank in any writing, whether
executed or taking effect before or after the merger or conversion, shall be
deemed a reference to the resulting bank if not inconsistent with the other
provisions of such writing, except when the resulting bank is not authorized
to or has not qualified to exercise the powers conferred or required by the
writing.

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