# Idaho Code § 26-3204: 26-3204 PERSONS AUTHORIZED TO ACT AS A FIDUCIARY

> Idaho · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C32_S26-3204

## Section

- **Citation:** Idaho Code § 26-3204
- **Heading:** 26-3204 PERSONS AUTHORIZED TO ACT AS A FIDUCIARY
- **Jurisdiction:** Idaho
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Idaho Code / Title 26 / Chapter 32 / Section 26-3204

## Text

26-3204. Persons authorized to act as a fiduciary. (1) No person shall act as a fiduciary in this state except:

(a) A state trust company;

(b) A state bank;

(c) A savings bank organized under the laws of this state and authorized to act as a fiduciary pursuant to the savings bank act, chapter 18, title 26, Idaho Code;

(d) A national bank authorized by the comptroller of the currency to act as a fiduciary pursuant to 12 U.S.C. 92a;

(e) A federally chartered savings association having its principal office in this state and authorized by its federal chartering authority to act as a fiduciary;

(f) An out-of-state bank with a branch in this state established or maintained pursuant to the interstate banking act, chapter 26, title 26, Idaho Code, or the interstate branching act, chapter 16, title 26, Idaho Code, or a trust office licensed by the director pursuant to this act;

(g) An out-of-state trust company with a trust office licensed by the director pursuant to this act;

(h) A foreign bank with a trust office licensed by the director pursuant to this act; or

(i) Such other person as may be authorized by the director, in his discretion, and upon such conditions as he may require.

(2) No person shall engage in an unauthorized trust activity.

History:

[26-3204, added 2000, ch. 288, sec. 8, p. 978.]

## Nearby sections

- [Idaho Code § 26-3201 26-3201 TITLE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C32_S26-3201.md)
- [Idaho Code § 26-3202 26-3202 PURPOSES OF THE ACT.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C32_S26-3202.md)
- [Idaho Code § 26-3203 26-3203 DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C32_S26-3203.md)
- [Idaho Code § 26-3204 26-3204 PERSONS AUTHORIZED TO ACT AS A FIDUCIARY.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C32_S26-3204.md)
- [Idaho Code § 26-3205 26-3205 ACTIVITIES NOT REQUIRING A CHARTER.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C32_S26-3205.md)
- [Idaho Code § 26-3206 26-3206 TRUST BUSINESS OF STATE TRUST INSTITUTION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C32_S26-3206.md)
- [Idaho Code § 26-3207 26-3207 TRUST BUSINESS OF OUT-OF-STATE TRUST INSTITUTION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C32_S26-3207.md)
- [Idaho Code § 26-3208 26-3208 NAME OF TRUST INSTITUTION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C32_S26-3208.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C32_S26-3204. Check the current official text before relying on it. Not legal advice.