2005 Idaho Code - 26-1602 — STATEMENT OF PURPOSE

                                  TITLE  26
                              BANKS AND BANKING
                                  CHAPTER 16
                        IDAHO INTERSTATE BRANCHING ACT
    26-1602.  STATEMENT OF PURPOSE. It is the policy of the state of Idaho to
allow out-of-state banks, chartered either by other states or by the federal
government, by merger with an existing Idaho bank, to branch within the state
of Idaho on the terms and conditions set out in this chapter and chapter 3,
title 26, Idaho Code; further, it is the policy of the state of Idaho to allow
banks chartered by or located in this state to establish, operate, and
maintain branches in other states in any manner authorized by the law of such
other states.  It is an express purpose of this chapter to authorize mergers
between banks in Idaho and banks located in other states as contemplated by
section 44(a)(3)(A) of the federal deposit insurance act, as amended in 1994.