26-2608. CONDITIONS FOR APPROVAL. The director may make the acquisition of an Idaho financial institution by an out-of-state financial institution holding company subject to any conditions, restrictions, and requirements that would apply to the acquisition by an Idaho financial institution holding company of a financial institution or a financial institution holding company in the state where such acquiring financial institution holding company’s operations are principally conducted, which conditions, restrictions and requirements would not apply to acquisitions by a financial institution or financial institution holding company all of whose financial institution subsidiaries are located in that state.
History:
[26-2608, added 1985, ch. 185, sec. 1, p. 480; am. 1995, ch. 99, sec. 19, p. 321.]
Structure Idaho Code
Chapter 26 - IDAHO INTERSTATE BANKING ACT
Section 26-2601 - SHORT TITLE.
Section 26-2602 - STATEMENT OF PURPOSE.
Section 26-2603 - DEFINITIONS.
Section 26-2604 - PROHIBITED ACQUISITION.
Section 26-2605 - ACQUISITION BY OUT-OF-STATE COMPANY.
Section 26-2606 - REQUIREMENTS FOR ACQUISITION.
Section 26-2607 - ACQUISITION OF FAILING INSTITUTION.
Section 26-2608 - CONDITIONS FOR APPROVAL.
Section 26-2610 - COOPERATIVE AGREEMENTS.
Section 26-2611 - NO REPEAL BY IMPLICATION.