2005 Idaho Code - 68-308 — DEPOSIT IN NAME OF PRINCIPAL

                                  TITLE  68
                            TRUSTS AND FIDUCIARIES
                                  CHAPTER 3
                           UNIFORM FIDUCIARIES LAW
    68-308.  DEPOSIT IN NAME OF PRINCIPAL. If a check is drawn upon the
account of his principal in a bank by a fiduciary who is empowered to draw
checks upon his principal's account, the bank is authorized to pay such check
without being liable to the principal, unless the bank pays the check with
actual knowledge that the fiduciary is committing a breach of his obligation
as fiduciary in drawing such check, or with knowledge of such facts that its
action in paying the check amounts to bad faith. If, however, such a check is
payable to the drawee bank and is delivered to it in payment of or as security
for a personal debt of the fiduciary to it, the bank is liable to the
principal if the fiduciary in fact commits a breach of his obligation as
fiduciary in drawing or delivering the check.