2005 Idaho Code - 26-3407 — NOTICE OF SUBSEQUENT MERGER, TRANSFER, OR CLOSING

                                  TITLE  26
                              BANKS AND BANKING
                                  CHAPTER 34
         TRUST INSTITUTIONS -- OUT-OF-STATE TRUST INSTITUTION OFFICES
    26-3407.  NOTICE OF SUBSEQUENT MERGER, TRANSFER, OR CLOSING. Each
out-of-state trust institution that maintains an office in this state pursuant
to this act, or the home state regulator of such trust institution, shall give
at least thirty (30) days' prior written notice or, in the case of an
emergency transaction, such shorter notice as is consistent with applicable
state or federal law, to the director of:
    (1)  Any merger, consolidation, or other transaction that would cause a
change of control with respect to such out-of-state trust institution or any
bank holding company that controls such trust institution, with the result
that an application would be required to be filed pursuant to the federal
change in bank control act of 1978, as amended, 12 U.S.C. 1817(j), or the
federal bank holding company act of 1956, as amended, 12 U.S.C. 1841 et seq.,
or any successor statutes thereto;
    (2)  Any transfer of all or substantially all of the trust accounts or
trust assets of the out-of-state trust institution to another person; or
    (3)  The closing or disposition of any office in this state.

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