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Idaho Code § 72-405

Trustee in case of lump sum payment

Applied in 1 court decision — leading case Brooks v. Standard Fire Insurance (1990)

Most recently applied in Brooks v. Standard Fire Insurance (June 1990)

I.C., § 72-405, as added by 1971, ch. 124, § 3, p. 422.

Whenever for any reason the commission deems it expedient, any lump sum to be paid as provided in section 72-404[, Idaho Code], shall be paid to some suitable person or corporation appointed as trustee to administer or apply the same for the benefit of the person or persons entitled thereto in the manner provided by the commission. The receipt of such trustee for the amount so paid shall discharge the employer or anyone else who is liable therefor.

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.