2013 Idaho Statutes
Title 57 - PUBLIC FUNDS IN GENERAL
Chapter 9 - PUBLIC OBLIGATIONS REGISTRATION ACT
Section 57-908 - AGENTS -- DEPOSITORIES.
(2) An issuer may agree with custodian banks and financial intermediaries, and nominees of any of them, in connection with the establishment and maintenance by others of a central depository system for the transfer or pledge of registered public obligations. Any such custodian banks and financial intermediaries, and nominees, may, if qualified and acting as fiduciaries, also serve as authenticating agents, transfer agents, registrars, paying or other agents of the issuer with respect to the same issue of registered public obligations.
(3) Nothing shall preclude the issuer from itself performing, either alone or jointly with other issuers, any transfer, registration, authentication, payment or other function described in this section.
History:
[57-908, added 1983, ch. 98, sec. 1, p. 214.]
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