Idaho Code
Chapter 18 - SAVINGS BANKS
Section 26-1814 - ACQUISITIONS.

26-1814. ACQUISITIONS. All acquisitions shall be approved in advance in writing by the director.
(1) A mutual or stock savings bank may acquire, as defined by section 26-2605, Idaho Code, a savings bank organized in the same form.
(2) A stock savings bank may acquire or be acquired by either a state or national bank with the state or national bank being the surviving bank.
(3) A mutual savings bank may acquire or be acquired by a credit union, with the mutual savings bank being the surviving entity.
(4) A stock savings bank may acquire or be acquired by a national or state bank with the national or state bank being the surviving entity.

History:
[26-1814, added 1997, ch. 310, sec. 3, p. 921.]

Structure Idaho Code