Idaho § 41-2513 WORKMEN’S COMPENSATION POLICIES — SEGREGATION OF PARTICIPATING AND NONPARTICIPATING BUSINESS

Idaho Statutes

§ 41-2513 — WORKMEN’S COMPENSATION POLICIES — SEGREGATION OF PARTICIPATING AND NONPARTICIPATING BUSINESS

Idaho § 41-2513

Title 41INSURANCE

Ch. 25CASUALTY INSURANCE CONTRACTS

This text of Idaho § 41-2513 (WORKMEN’S COMPENSATION POLICIES — SEGREGATION OF PARTICIPATING AND NONPARTICIPATING BUSINESS) 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 § 41-2513 (2026).

Text

(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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(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.