Idaho § 6-540 - Duty of recorder taking security or making investment
Full text of Idaho Idaho Statutes § 6-540 — Duty of recorder taking security or making investment, with citation guidance and answers to common questions.
§ 6-540. Duty of recorder taking security or making investment
The recorder in whose name a security is taken, or by whom an investment is made, and his successors in office, must receive the interest and principal as it becomes due, and apply and invest the same as the court may direct; and must deposit with the county treasurer all securities taken, and keep an account in a book provided and kept for that purpose in the recorder’s office, free for inspection by all persons, of investments in moneys received by him thereon and the disposition thereof.
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 6-540
What does Idaho Statutes § 6-540 cover?
Section 6-540 ("Duty of recorder taking security or making investment") 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 § 6-540?
A common citation format is "Idaho Statutes § 6-540" (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 § 6-540 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.