Idaho Code · Title 41 · Insurance
Idaho Code § 41-2824

Formation Of Mutuals — Failure To Qualify

Ch. 28 — ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS
Idaho Code ● ACTIVE State Law Title 41
Statutory Text

Idaho Code § 41-2824 — Formation Of Mutuals — Failure To Qualify.

TITLE 41 INSURANCE CHAPTER 28 ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS 41-2824. Formation of mutuals — Failure to qualify. If the proposed domestic mutual insurer fails to complete its organization and to secure its original certificate of authority within one (1) year from and after date of its certificate of incorporation, the corporation shall transact no further business, and the director shall return or cause to be returned to the persons entitled thereto all advance deposits or payments of premiums held in trust under section 41-2823 .

History:[41-2824, added 1961, ch. 330, sec. 592, 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-4828FC
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 41-2824
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
d8b21120d82e4ffc...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 41-2824 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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boisestandard.org United States Idaho Idaho Code Title 41 Idaho Code § 41-2824