{"data":{"id":"us-id/idaho-code-26-2711","jurisdiction":"us-id","citation":"Idaho Code § 26-2711","heading":"Use of Bidco name restricted — Exception.","body":"(1) Except as otherwise provided in subsection (2) of this section, a person transacting business in this state, other than a licensee, shall not use a name or title which indicates that the person is a business and industrial development corporation including, but not limited to, use of the term \"BIDCO,\" and shall not otherwise represent that the person is a business and industrial development corporation or a licensee.\n(2) Before being issued a license under this chapter, an Idaho corporation that proposes to apply for a license or that applies for a license may perform, under a name that indicates that the corporation is a business and industrial development corporation, the acts necessary to apply for and obtain a license and to otherwise prepare to commence transacting business as a licensee. Such a corporation shall not represent that it is a licensee until after the license has been obtained. A licensee shall not misrepresent the meaning or effect of its license.","path":["TITLE 26 BANKS AND BANKING","CHAPTER 27 BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title26/t26ch27/sect26-2711/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:06Z","sha256":"4aaa05c4c418e3228133a7ffda2fcdfe144c5f49341c45439da52189af242d52","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-26-2710","next":"us-id/idaho-code-26-2712"},"notice":"GroundRules: Original legal text. Not legal advice."}