All meetings of stockholders of a bank shall be held in the community of its principal place of business within this state. When so provided in the articles of incorporation or bylaws, or by resolution of the board of directors, regular or special meetings of the board of directors or the executive committee may be held for the transaction of any business of the bank at any other place within the state of Idaho provided that the director may approve meetings of the board of directors outside of the state of Idaho.
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