2020 Idaho Code
Title 26 - BANKS AND BANKING
Chapter 32 - TRUST INSTITUTIONS — GENERAL PROVISIONS
Section 26-3202 - PURPOSES OF THE ACT.

Universal Citation: ID Code § 26-3202 (2020)

26-3202. PURPOSES OF THE ACT. The purposes of this act are to permit:

(1) State banks and state trust companies to engage in the trust business in this state; and

(2) Banks and other depository institutions, foreign banks and trust companies to engage in the trust business on a multistate and international basis to the extent consistent with the safety and soundness of the trust institutions engaged in a trust business in this state and the protection of consumers, clients and other customers of such trust institutions.

History:

[26-3202, added 2000, ch. 288, sec. 8, p. 975.]

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