Idaho Code · Title 41 · Insurance
Idaho Code § 41-2843

Dividends To Stockholders

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

Idaho Code § 41-2843 — Dividends To Stockholders.

TITLE 41 INSURANCE CHAPTER 28 ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS 41-2843. Dividends to stockholders. A domestic stock insurer shall not pay any dividend to stockholders except out of earned surplus. Prior to payment thereof, the director, in his discretion, may approve the payment of a dividend from other than earned surplus. For purposes of this section, "earned surplus" shall include surplus arising from unrealized capital gains or revaluation of assets.

History:[41-2843, added 1961, ch. 330, sec. 611, p. 645; am. 1993, ch. 194, sec. 14, p. 506.]
Source: legislature.idaho.gov — public domain Official Source ↗
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Federation ID
BS-IC41-SEC-7EE195
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 41-2843
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
d0823ff6964fb69f...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 41-2843 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 § 41-2843