Idaho § 57-715 - Permanent endowment funds declared to be trust funds

Full text of Idaho Idaho Statutes § 57-715 — Permanent endowment funds declared to be trust funds, with citation guidance and answers to common questions.

§ 57-715. Permanent endowment funds declared to be trust funds

Permanent endowment funds of the state of Idaho are hereby declared to be trust funds of the highest and most sacred order and shall be controlled, managed and invested by the investment board and the investment manager(s) or custodian(s) in accordance with the highest standard, as directed by law and according to policies established by the state board of land commissioners, and as hereinafter provided.

[57-715, added 1969, ch. 244, sec. 2, p. 764; am. 1972, ch. 69, sec. 1, p. 140; am. 1998, ch. 256, sec. 33, p. 838.]

Source: official Idaho text · Last verified 2026-08-27

Frequently Asked Questions About Idaho § 57-715

What does Idaho Statutes § 57-715 cover?

Section 57-715 ("Permanent endowment funds declared to be trust funds") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Idaho § 57-715?

A common citation format is "Idaho Statutes § 57-715" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Idaho law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.

How does Idaho § 57-715 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.