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State Statutes - Idaho - Title 26 - Chapter 3 - 26-302
Idaho Statutes
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26-302 - ESTABLISHMENT OF BANK FACILITIES AUTHORIZED
Any bank may, with
the prior approval of the director, establish and maintain a bank facility at
any point in the state of Idaho.
A bank facility when so established shall have the power to:
(a) take applications for loans, accept deposits, issue receipts
therefor, and transmit such deposits to the bank maintaining such
facility;
(b) carry and disburse cash change, cash checks, accept checks;
(c) issue checks drawn on or certified by the bank operating the
facility, rent safe deposit boxes, transfer funds between existing bank
accounts, accept loan payments, disburse cash on prearranged credit plans;
and carry out such other transactions as the director may allow by
regulation.
The director of the department of finance shall not approve or permit the
establishment of a facility when in his judgment the establishment of such
facility would tend to restrict competition.
 
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