Idaho Code · Title 41 · Insurance
Idaho Code § 41-5106

Duties Of Insurers Utilizing The Services Of A Reinsurance Intermediary — Broker

Ch. 51 — REINSURANCE INTERMEDIARY ACT
Idaho Code ● ACTIVE State Law Title 41
Statutory Text

Idaho Code § 41-5106 — Duties Of Insurers Utilizing The Services Of A Reinsurance Intermediary — Broker.

TITLE 41 INSURANCE CHAPTER 51 REINSURANCE INTERMEDIARY ACT 41-5106. Duties of insurers utilizing the services of a reinsurance intermediary — Broker. (1) An insurer shall not engage the services of any person, firm, association or corporation to act as a RB on its behalf unless such person is licensed as required in section 41-5103 (1), Idaho Code. (2)  An insurer may not employ an individual who is employed by a RB with which it transacts business, unless such RB is under common control with the insurer and subject to the provisions of chapter 38, title 41 , Idaho Code. (3)  The insurer shall annually obtain a copy of the statement of the financial condition of each RB with which it transacts business.

History:[41-5106, added 1992, ch. 82, sec. 1, p. 252.]
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-B786EB
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 41-5106
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
346db59688936d13...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 41-5106 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 § 41-5106