Idaho State Statutes - Idaho Attorney Directory

Every bank holding company
hereafter formed shall register with the department of finance and receive the
approval of the director to become a bank holding company. The director shall
approve an application to form a bank holding company if he finds that the
persons who are officers, directors or stockholders are of such character and
fitness that a bank or banks acquired by the bank holding company will be
operated in a safe, prudent and profitable manner. The application shall
include such information with respect to the financial condition and
operations, management, and intercompany relationships of the bank holding
company and its subsidiaries and related matters, as the director may deem
necessary or appropriate. The director may, in his discretion, accept copies
of federal registration in lieu of state requirements.

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