2005 Idaho Code - 26-1005 — EFFECT OF POSTING NOTICE

                                  TITLE  26
                              BANKS AND BANKING
                                  CHAPTER 10
                       CLOSING AND LIQUIDATION OF BANKS
    26-1005.  EFFECT OF POSTING NOTICE. The posting of such notice by the
directors of any bank, or of a like notice signed by the director, shall be
sufficient to place all assets and property of such bank, of whatever nature
and wherever situate, in possession of the director, and shall operate as a
bar to any attachment or any other legal proceedings against such bank or its
assets, and no valid lien or claim can be acquired or created, or transfer or
assignment made in any manner, binding or affecting any of the assets of such
bank after the posting of such notice or after taking possession of any bank
by the director.

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