Idaho Statutes
§ 41-2513 — WORKMEN’S COMPENSATION POLICIES — SEGREGATION OF PARTICIPATING AND NONPARTICIPATING BUSINESS
(1)With respect to workmen’s compensation insurance delivered or issued for delivery in this state, the insurer shall not pay dividends to the holders of participating insurance contracts out of profits or gains realized from nonparticipating contracts.
(2)An insurer issuing both participating and nonparticipating workmen’s compensation policies shall maintain a system of accounting which segregates the participating from the nonparticipating business and clearly shows the profits and losses upon each category of business.
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Idaho § 41-2513 (WORKMEN’S COMPENSATION POLICIES — SEGREGATION OF PARTICIPATING AND NONPARTICIPATING BUSINESS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[I.C., sec. 41-2513, as added by 1969, ch. 214, sec. 66, p. 625.]
Nearby Sections
15
§ 41-1001
PURPOSE AND SCOPE§ 41-1002
TERMS CONSTRUED§ 41-1003
DEFINITIONS§ 41-1004
LICENSE REQUIRED§ 41-1005
EXCEPTIONS TO LICENSING§ 41-1006
APPLICATION FOR EXAMINATION§ 41-1007
APPLICATION FOR PRODUCER LICENSE§ 41-1008
PRODUCER LICENSE§ 41-1009
NONRESIDENT PRODUCER LICENSE§ 41-101
SHORT TITLE§ 41-1011
ISSUANCE — REFUSAL OF LICENSE§ 41-1012
EXEMPTION FROM EXAMINATION§ 41-1014
ASSUMED NAMES