Idaho Statutes Title 41. Insurance § 41-4107. Trust fund--Powers

(1) To have and use an appropriate descriptive name;

(2) To sue and be sued in its own name;

(3) To contract in its own name. All such contracts in writing shall be signed by the chairman of the board or his or her designee;

(4) To borrow money and give security therefor; and

(5) To engage exclusively in transactions authorized or required by this chapter, or reasonably incidental thereto.