Statutory Text

Idaho Code § 41-2866 — Conditions Exempting Equity Securities.

TITLE 41 INSURANCE CHAPTER 28 ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS 41-2866. Conditions exempting equity securities. The provisions of sections 41-2860 — 41-2862 shall not apply to equity securities of a domestic stock insurance company if: (a) Such securities shall be registered, or shall be required to be registered, pursuant to section 12 of the Securities Exchange Act of 1934, as amended; or (b) Such domestic stock insurance company shall not have any class of its equity securities held of record by one hundred (100) or more persons on the last business day of the year next preceding the year in which equity securities of the company would be subject to the provisions of sections 41-2860 — 41-2862 except for the provisions of this subsection (b).

History:[41-2866, added 1965, ch. 294, sec. 7, p. 782.]

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-7B31E4

Entity Class

STATUTE / IDAHO-STATE-CODE-SECTION

Domain Signature

boisestandard.org

Jurisdiction

Idaho — United States

Citation

Idaho Code § 41-2866

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

479fb3fd90074e78...

Semantic Edges

Pending — corpus passes queued

The statutory text of Idaho Code § 41-2866 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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