Idaho Code · Title 41 · Insurance
Idaho Code § 41-704

Authorization Of Investments

Ch. 7 — INVESTMENTS
Idaho Code ● ACTIVE State Law Title 41
Statutory Text

Idaho Code § 41-704 — Authorization Of Investments.

TITLE 41 INSURANCE CHAPTER 7 INVESTMENTS 41-704. Authorization of investments. An insurer shall not make, sell, or exchange any investment or loan, except as to the policy loans or annuity contract loans of a life insurer, unless the same is authorized or approved by its board of directors or by a committee charged by the board of directors or the by-laws with the duty of making such investment, loan, sale or exchange. The minutes of any such committee shall be recorded and reports thereof shall be submitted to the board of directors for approval or disapproval.

History:[41-704, added 1961, ch. 330, sec. 141, 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-A11254
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 41-704
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
6c2d2c1c5be04e35...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 41-704 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 § 41-704