2005 Idaho Code - 26-1023 — DISPOSITION OF UNCLAIMED FUNDS

                                  TITLE  26
                              BANKS AND BANKING
                                  CHAPTER 10
                       CLOSING AND LIQUIDATION OF BANKS
    26-1023.  DISPOSITION OF UNCLAIMED FUNDS. The director shall certify to
the treasurer of the state a complete list of funds remaining in his hands
uncalled for, which have been left in his hands in his official capacity, in
trust for depositors in and creditors of any liquidated bank after they have
been held by him for six (6) months from the date of the final liquidation of
the institution. Along with this certificate, he shall transmit to the
treasurer of the state the funds with accumulated interest thereon which he
has so held in trust for six (6) months. A copy of such certificate shall also
be filed with the state controller, who shall make a record thereof.
    Any depositor or creditor of a liquidated bank who has not been paid the
amount standing to his credit as thus certified to the state treasurer, may
apply to the director for the amount due him, after it has been certified into
the treasury of the state. The depositor or creditor shall make an affidavit
and offer proof of his identity and of the amount due him by the liquidated
bank. When satisfied as to the correctness of the claim and of the identity of
the person, the director shall approve the claim and forward it to the state
controller, who shall audit the same and if found correct issue his warrant
payable to the depositor or creditor for the amount shown by the records to be
due such depositor or creditor which shall be paid by the treasurer.