Idaho Statutes

§ 41-1208 — DEFENSE OF ACTION BY UNAUTHORIZED INSURER

Idaho § 41-1208
JurisdictionIdaho
Title 41INSURANCE
Ch. 12UNAUTHORIZED INSURERS AND SURPLUS LINES

This text of Idaho § 41-1208 (DEFENSE OF ACTION BY UNAUTHORIZED INSURER) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Idaho Code § 41-1208 (2026).

Text

(1)Before any unauthorized foreign or alien insurer shall file or cause to be filed any pleading in any action, suit or proceeding instituted against it, such unauthorized insurer shall:
(a)Deposit with the clerk of the court in which such action, suit or proceeding is pending, cash or securities, or file with such clerk a bond with good and sufficient sureties, to be approved by the court, in an amount determined by the court to be sufficient to secure the payment of any final judgment which may be rendered in such action, provided, however, that the court may in its discretion make an order dispensing with such deposit or bond where the insurer makes a showing satisfactory to such court that it maintains in a state of the United States funds or securities, in trust or otherwise, suffic

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Legislative History

[41-1208, added 1961, ch. 330, sec. 252, p. 645.]

Nearby Sections

15
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Bluebook (online)
Idaho § 41-1208, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/41-1208.