26-710. OWNERSHIP AND LEASING OF PROPERTY FOR CUSTOMERS. A bank may become the owner and lessor of personal property acquired upon the specific request and for the use of a customer and may incur such additional obligations as may be incident to becoming an owner and lessor of such property.
History:
[(26-710) 26-714, added 1979, ch. 41, sec. 2, p. 93; am. and redesig. 2004, ch. 159, sec. 10, p. 523.]
Structure Idaho Code
Chapter 7 - LIMITATIONS ON LOANS, INVESTMENTS, AND PRACTICES
Section 26-701 - INVESTMENT OF FUNDS — CERTAIN LOANS PROHIBITED.
Section 26-703 - REAL ESTATE LOANS.
Section 26-704 - DETERMINATION OF LIMITS OF LOANS AND INVESTMENTS OF BANKS.
Section 26-705 - LOANS TO ONE PERSON.
Section 26-706 - LOANS TO OFFICERS AND DIRECTORS.
Section 26-707 - REAL ESTATE HOLDINGS.
Section 26-708 - VALUATION OF ASSETS.
Section 26-709 - STATUTORY BAD DEBT.
Section 26-710 - OWNERSHIP AND LEASING OF PROPERTY FOR CUSTOMERS.
Section 26-711 - LENDING OF CREDIT — SURETYSHIP AND GUARANTYSHIP.
Section 26-712 - VALIDITY OF TRANSACTIONS.
Section 26-713 - ADVERSE CLAIM TO BANK DEPOSIT.
Section 26-714 - ACCOUNT OF PERSON UNDER DISABILITY.
Section 26-715 - BRANCH OR OFFICE AT WHICH INSTRUMENTS ARE TO BE PRESENTED MUST BE INDICATED.