Idaho § 26-1702 - Definitions
Full text of Idaho Idaho Statutes § 26-1702 — Definitions, with citation guidance and answers to common questions.
§ 26-1702. Definitions
(1) As used in this chapter, unless the context otherwise requires:
(a) "Director" means the director of the department of finance.
(b) "Federal international bank institutions" means a branch, agency, or representative office of an international banking corporation established and operating under the federal international banking act of 1978, 12 U.S.C. sec. 3101 et seq., as amended, and its regulations.
(c) "Foreign country" means a country other than the United States, but including a territory or possession of the United States.
(d) "International bank agency" means a business or any part of a banking business conducted in this state or through an office located in this state, other than a federal international bank institution, which exercises powers as set forth in section 26-1709 , Idaho Code, on behalf of an international banking corporation.
(e) "International bank branch" means a business or any part of a banking business conducted in this state, or through an office located in this state, other than a federal international bank institution, which exercises powers as set forth in section 26-1709 , Idaho Code, on behalf of an international banking corporation.
(f) "International banking corporation" means a banking corporation organized and licensed under the laws of a foreign country or a political subdivision of a foreign country.
(g) "International representative office" means a business location of a representative of an international banking corporation other than a federal international bank institution, established to act in a liaison capacity with existing and potential customers of the international banking corporation and to generate new loans and other activities for the international banking corporation that is operating outside the state.
(2) Legal and financial terms used in this chapter refer to equivalent terms used by the country in which the international banking corporation is organized.
[26-1702, added 1995, ch. 99, sec. 10, p. 308.]
Frequently Asked Questions About Idaho § 26-1702
What does Idaho Statutes § 26-1702 cover?
Section 26-1702 ("Definitions") 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 § 26-1702?
A common citation format is "Idaho Statutes § 26-1702" (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 § 26-1702 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.