Idaho § 56-1103 - Persons qualifying as account holders
Full text of Idaho Idaho Statutes § 56-1103 — Persons qualifying as account holders, with citation guidance and answers to common questions.
§ 56-1103. Persons qualifying as account holders
(1) A person who qualifies to become an account holder may enter into an agreement with a fiduciary organization for the establishment of an individual development account.
(2) A person is qualified to become an account holder if the person is a member of a low-income household.
(3) A person applying to establish an account must enroll in a personal development plan developed by the person and the fiduciary organization. The plan must provide the person with financial training and counseling, career or business planning and other services designed to increase the independence of the person and the person’s household through achievement of the account’s approved purpose.
[56-1103, added 2002, ch. 149, sec. 1, p. 437.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 56-1103
What does Idaho Statutes § 56-1103 cover?
Section 56-1103 ("Persons qualifying as account holders") 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 § 56-1103?
A common citation format is "Idaho Statutes § 56-1103" (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 § 56-1103 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.