68-301 Definition of Terms
68-302 Application of Payments Made to Fiduciaries
68-304 Transfer of Negotiable Instrument by Fiduciary
68-305 Check Drawn by Fiduciary Payable to Third Person
68-306 Check Drawn by and Payable to Fiduciary
68-307 Deposit in Name of Fiduciary as Such
68-308 Deposit in Name of Principal
68-309 Deposit in Fiduciary’S Personal Account
68-310 Deposit in Names of Two or More Trustees
68-311 Chapter Not Retroactive
68-312 Cases Not Provided for in Chapter
68-313 Uniformity of Interpretation
68-314 Short Title
68-315 Inconsistent Laws Repealed

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Terms Used In Idaho Code > Title 68 > Chapter 3 - Uniform Fiduciaries Law

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiduciary: A trustee, executor, or administrator.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.