Idaho Code § 26-401
This is the official text of Idaho Code § 26-401, part of Idaho’s Code — part of the compiled statutory law of Idaho, published by the state as "Code." Browse the sections below, each linked to its official government source.
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26-401 DEFINITIONS.
Official statutory text
26-401. Definitions. As used in this section:
"Invest" includes any advance of funds to a bank service corporation, whether by the purchase of stock, the making of a loan, or otherwise, except a payment for rent earned, goods sold and delivered, or services rendered prior to the making of such payment;
"Applying bank" means a bank applying to a bank service corporation for bank services; and
"Stockholding bank" means a bank which owns stock of a bank service corporation.
History:
[26-401, added 1979, ch. 41, sec. 2, p. 80.]
"Invest" includes any advance of funds to a bank service corporation, whether by the purchase of stock, the making of a loan, or otherwise, except a payment for rent earned, goods sold and delivered, or services rendered prior to the making of such payment;
"Applying bank" means a bank applying to a bank service corporation for bank services; and
"Stockholding bank" means a bank which owns stock of a bank service corporation.
History:
[26-401, added 1979, ch. 41, sec. 2, p. 80.]
Status: in_force · Read it on the official government site
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