Every state depository shall pay interest upon time deposits made by the state treasurer at rates not less than those paid to investors for a deposit of the same amount and under like circumstances and conditions; provided, however, that such time deposits shall bear interest at a rate not in excess of the maximum rate permitted by any applicable government regulation.
Idaho Code § 67-2743
Interest on time deposits
Known as the Idaho Financial Fraud Prevention Act
The act spans §§ 67–67 (50 sections).
Based upon 1905, p. 305, § 1, R.C., § 127; am. 1909, p. 363; R.C., § 131, as added by 1915, ch. 168, § 9, p. 386; reen
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.