26-3202 PURPOSES OF THE ACT. - Idaho Statutes

TITLE 26

BANKS AND BANKING

CHAPTER 32

TRUST INSTITUTIONS -- GENERAL PROVISIONS

26-3202. Purposes of the act. The purposes of this act are to permit:

(1) State banks and state trust companies to engage in the trust business in this state; and

(2) Banks and other depository institutions, foreign banks and trust companies to engage in the trust business on a multistate and international basis to the extent consistent with the safety and soundness of the trust institutions engaged in a trust business in this state and the protection of consumers, clients and other customers of such trust institutions.