Idaho Code · Title 57 · Public Finance
Idaho Code § 57-127A

Deposit For Safekeeping — Responsibility

Ch. 1 — PUBLIC DEPOSITORY LAW
Idaho Code ● ACTIVE State Law Title 57
Statutory Text

Idaho Code § 57-127A — Deposit For Safekeeping — Responsibility.

TITLE 57 PUBLIC FUNDS IN GENERAL CHAPTER 1 PUBLIC DEPOSITORY LAW 57-127A. Deposit for safekeeping — Responsibility. The treasurer may deposit for safekeeping with a designated depository or a federal reserve bank any bonds, notes, bills, debentures, obligations, or certificates of indebtedness in which the moneys of the taxing unit or its agencies are invested pursuant to law; provided the treasurer shall take from the designated depository a receipt for the securities deposited. A treasurer may accept securities in authorized book entry form. The treasurer shall not be responsible for securities so deposited until they are withdrawn by the treasurer from the designated depository, except insofar as a violation by the treasurer of the prudent man investment rule contributes to any loss.

History:[57-127A, added 1974, ch. 148, sec. 1, p. 1366; am. 1983, ch. 38, sec. 5, p. 91; am. 1986, ch. 74, sec. 1, p. 226.]
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-IC57-SEC-B47A87
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 57-127A
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
f25729e9b191cb3a...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 57-127A is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
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boisestandard.org United States Idaho Idaho Code Title 57 Idaho Code § 57-127A