TrESCo of Idaho Files Petition Seeking Approval of Transfer of Trusteeship

The Idaho Department of Finance (Department), with the cooperation of Trust and Estate Services Company of Idaho d/b/a TrESCo of Idaho (TrESCo), issued a Consent Order requiring TrESCo to comply with the statutory requirements of the Idaho Trust Institutions Act and no longer engage in unauthorized trust activity in Idaho.  TrESCo agreed to either obtain a trust charter from the Department or remove itself as trustee or agent for all accounts that constitute unauthorized trust activity.

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