Statutory Text

Idaho Code § 41-2135 — Prohibited Policy Plans — Provisions.

TITLE 41 INSURANCE CHAPTER 21 DISABILITY INSURANCE POLICIES 41-2135. Prohibited policy plans — Provisions. No insurer shall hereafter deliver or issue for delivery in this state any disability insurance policy: (1) Providing benefits or values for surviving or continuing policyholders contingent upon the lapse or termination of the policies of other policyholders whether by death or otherwise. (2) Containing any clause, provision or agreement providing a premium, deposit or other payment for, or promising the distribution of, any bonus, special fund, or guaranteed payment other than the insurance benefits specified in the policy. This restriction shall not be construed to apply to the payment of dividends to the holders of participating policies.

History:[41-2135, added 1961, ch. 330, sec. 524, p. 645.]

Source: legislature.idaho.gov — public domain Official Source ↗

Root-LD Entity Data

◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org

Federation ID

BS-IC41-SEC-BB9037

Entity Class

STATUTE / IDAHO-STATE-CODE-SECTION

Domain Signature

boisestandard.org

Jurisdiction

Idaho — United States

Citation

Idaho Code § 41-2135

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

864c2ab822953946...

Semantic Edges

Pending — corpus passes queued

The statutory text of Idaho Code § 41-2135 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.

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Ch. 21 — DISABILITY INSURANCE POLICIES

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