If an application has been submitted by such out-of-state financial institution holding company to, and prior written approval has been obtained from the director, pursuant to section 26-2606 , Idaho Code, an out-of-state financial institution holding company may:

1. (a) Acquire control of;
2. (b) Acquire all or substantially all of the assets of;
3. (c) Merge or consolidate with; or
4. (d) Assume the deposit liabilities of an Idaho financial institution.

[I.C., sec. 26-2605, as added by 1985, ch. 185, sec. 1, p. 474; am. 1987, ch. 294, sec. 2, p. 625; am. 1995, ch. 99, sec. 16, p. 318.]