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Idaho · Through 2026 Legislative Session

Idaho Code § 68-301: Definition of terms.

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Where this section sits in the code
  1. TITLE 68 TRUSTS AND FIDUCIARIES
  2. CHAPTER 3 UNIFORM FIDUCIARIES LAW

In this chapter unless the context or subject-matter otherwise requires:

1. "Bank" includes any person or association of persons, whether incorporated or not, carrying on the business of banking.

"Fiduciary" includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate.

"Person" includes a corporation, partnership, or other association, or two (2) or more persons having a joint or common interest.

"Principal" includes any person to whom a fiduciary as such owes an obligation.

2. A thing is done "in good faith" within the meaning of this chapter when it is in fact done honestly, whether it be done negligently or not.

Collected 2026-09-04T11:24:29Z. Source file · JSON

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