Idaho Code · Title 26 · Banks and Banking
Idaho Code § 26-2151

Custodial Accounts

Ch. 21 — IDAHO CREDIT UNION ACT
Idaho Code ● ACTIVE State Law Title 26
Statutory Text

Idaho Code § 26-2151 — Custodial Accounts.

TITLE 26 BANKS AND BANKING CHAPTER 21 IDAHO CREDIT UNION ACT 26-2151. custodial accounts. A credit union is authorized to act as custodian or fiduciary for members of the credit union and may receive reasonable compensation for so acting under any written trust instrument or custodial agreement in connection with a tax-advantaged savings plan authorized under the Internal Revenue Code or chapter 30, title 63 , Idaho Code, if the funds of such trust or funds subject to the custodial agreement are invested only in savings accounts or deposits in such credit union. All funds held in such fiduciary capacity by any such credit union may be commingled for appropriate purposes of investment, but individual records shall be kept by the fiduciary for each participant and shall show in proper detail all transactions engaged in under the authority of this section.

History:[26-2151, added 1977, ch. 213, sec. 2, p. 611; am. 2020, ch. 214, sec. 13, p. 636.]
Source: legislature.idaho.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC26-SEC-EE6258
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 26-2151
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
8a64725f14b6ed57...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 26-2151 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
Navigate Corpus — Idaho Code Title 26
◈ Provenance
boisestandard.org United States Idaho Idaho Code Title 26 Idaho Code § 26-2151