Statutory Text

Idaho Code § 41-2916 — Contributions To Insurer.

TITLE 41 INSURANCE CHAPTER 29 RECIPROCAL INSURERS 41-2916. Contributions to insurer. The attorney or other parties may advance to a domestic reciprocal insurer upon reasonable terms such funds as it may require from time to time in its operations. Sums so advanced shall not be treated as a liability of the insurer, and, except upon liquidation of the insurer, shall not be withdrawn or repaid except out of the insurer’s realized earned surplus in excess of its minimum required surplus. No such withdrawal or repayment shall be made without the advance approval of the director. This section does not apply to bank loans, or to other loans made upon security.

History:[41-2916, added 1961, ch. 330, sec. 643, 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-A977FE

Entity Class

STATUTE / IDAHO-STATE-CODE-SECTION

Domain Signature

boisestandard.org

Jurisdiction

Idaho — United States

Citation

Idaho Code § 41-2916

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

35397c3ac6e1ed9f...

Semantic Edges

Pending — corpus passes queued

The statutory text of Idaho Code § 41-2916 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.

Navigate Corpus — Idaho Code Title 41

← Idaho Code § 41-2915 Idaho Code § 41-2917 →

Ch. 29 — RECIPROCAL INSURERS

Idaho Code — public domain ← Idaho Code Index