2012 Idaho Statutes
Title 26 - BANKS AND BANKING
Chapter 9 - CONSOLIDATION, SALE AND REORGANIZATION
Section 26-907 - CONTINUATION OF CORPORATE ENTITY -- USE OF OLD NAME.
(2) A resulting bank shall have the right to use the name of any merging bank or of the converting bank whenever it can do any act under such name more conveniently.
(3) Any reference to a merging or converting bank in any writing, whether executed or taking effect before or after the merger or conversion, shall be deemed a reference to the resulting bank if not inconsistent with the other provisions of such writing, except when the resulting bank is not authorized to or has not qualified to exercise the powers conferred or required by the writing.
History:
[26-907, added 1979, ch. 41, sec. 2, p. 99.]
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