Idaho Code 26-1004 – Bank May Be Placed in Director’S Possession
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Terms Used In Idaho Code 26-1004
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Any bank may place its affairs and assets under the control and in the possession of the director after oral or written notice to the director by posting a notice on the front door of such bank, indicating that said bank is in his hands, which notice shall be signed, in their own handwriting, by a majority of the directors.