Idaho Code 58-136 – Holding in Trust Money or Lands Donated
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 58-136
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
The state board of land commissioners shall have authority to receive and to hold in trust any money or lands donated, bequeathed, or devised and to carry out the terms, if any, of such donation, bequest or devise, or, in the absence of such terms or conditions, expend, use and administer the same as it may deem advisable in the public interest.