2005 Idaho Code - 57-111A — TREASURER OF DEPOSITING UNIT SHALL NOT DEPOSIT MONEY IN ANY BANK OR TRUST COMPANY WHICH HAS FAILED TO PAY ALL STATE AND LOCAL TAXES

                                  TITLE  57
                           PUBLIC FUNDS IN GENERAL
                                  CHAPTER 1
                            PUBLIC DEPOSITORY LAW
    57-111A.  TREASURER OF DEPOSITING UNIT SHALL NOT DEPOSIT MONEY IN ANY BANK
OR TRUST COMPANY WHICH HAS FAILED TO PAY ALL STATE AND LOCAL TAXES. The
treasurer of a depositing unit shall not deposit moneys of a depositing unit
in a financial institution which has failed to pay all state and local taxes
it owes, including corporate income or franchise taxes upon its corporate
income or franchise, sales and use taxes upon its purchases of tangible
personal property, and real and personal property taxes upon property owned or
leased by such financial institution.