Section 41-2820 - INITIAL QUALIFICATIONS — DOMESTIC MUTUALS.

ID Code § 41-2820 (2019) (N/A)
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41-2820. INITIAL QUALIFICATIONS — DOMESTIC MUTUALS. When newly organized, a domestic mutual insurer may be authorized to transact any one of the kinds of insurance defined in sections 41-502 through 41-506, Idaho Code, if it has otherwise complied with the provisions of title 41, Idaho Code, and possesses and maintains surplus funds as provided in section 41-313 or 41-3102A, Idaho Code.

History:

[41-2820, added 1961, ch. 330, sec. 588, p. 645; am. 1995, ch. 96, sec. 2, p. 274.]