Statutory Text

Idaho Code § 41-2848 — Enforcement Of Contingent Liability.

TITLE 41 INSURANCE CHAPTER 28 ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS 41-2848. Enforcement of contingent liability. (1) The insurer shall notify each member of the amount of the assessment to be paid by written notice mailed to the member’s address last of record with the insurer. Failure of the member to receive the notice so mailed, within the time specified therein for the payment of the assessment or at all, shall be no defense in any action to collect the assessment. (2) If a member fails to pay the assessment within the period specified in the notice, which period shall not be less than twenty (20) days after mailing, the insurer may institute suit to collect the same.

History:[41-2848, added 1961, ch. 330, sec. 616, 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-0A7D1A

Entity Class

STATUTE / IDAHO-STATE-CODE-SECTION

Domain Signature

boisestandard.org

Jurisdiction

Idaho — United States

Citation

Idaho Code § 41-2848

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

951bb2f8824a3ca0...

Semantic Edges

Pending — corpus passes queued

The statutory text of Idaho Code § 41-2848 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. 28 — ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS

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