Idaho § 41-224 EXAMINATION — APPRAISAL OF ASSET

Idaho Statutes

§ 41-224 — EXAMINATION — APPRAISAL OF ASSET

Idaho § 41-224

Title 41INSURANCE

Ch. 2THE DEPARTMENT OF INSURANCE

This text of Idaho § 41-224 (EXAMINATION — APPRAISAL OF ASSET) 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 § 41-224 (2026).

Text

(1)If the director deems it necessary to value any asset involved in such an examination, he may make written request of the person being examined to appoint one or more appraisers who by reason of education, experience or special training are competent to appraise such asset. Any such appraiser shall be subject to the written approval of the director. If no such appointment is made within ten (10) days after the request therefor was delivered to such person, the director may appoint the appraiser or appraisers.

(2)Any such appraisal shall be promptly made, and a copy of the report thereof shall be furnished to the director.

(3)The reasonable expense of the appraisal shall be borne by the person being examined.

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(1) If the director deems it necessary to value any asset involved in such an examination, he may make written request of the person being examined to appoint one or more appraisers who by reason of education, experience or special training are competent to appraise such asset. Any such appraiser shall be subject to the written approval of the director. If no such appointment is made within ten (10) days after the request therefor was delivered to such person, the director may appoint the appraiser or appraisers.
(2) Any such appraisal shall be promptly made, and a copy of the report thereof shall be furnished to the director.
(3) The reasonable expense of the appraisal shall be borne by the person being examined.