Idaho Code 26-1006 – Taking Possession of Bank — Notice
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 26-1006
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
On taking possession of the assets and business of the bank, the director shall, in addition to posting notice thereof, on the front door of such bank, as aforesaid, also notify personally or by telephone or mail or by public announcement through the news media, all correspondent banks, and any and all persons or corporations known to him to be holding or in possession of, any of the estate of such bank.