Idaho Statutes

§ 41-2652 — AUTHORITY TO TRANSACT BUSINESS

Idaho § 41-2652
JurisdictionIdaho
Title 41INSURANCE
Ch. 26AMORTGAGE GUARANTY INSURANCE

This text of Idaho § 41-2652 (AUTHORITY TO TRANSACT 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 § 41-2652 (2026).

Text

Mortgage guaranty insurance may be transacted only by a stock insurer while possessing and maintaining paid-in capital stock of not less than one million five hundred thousand dollars ($1,500,000) and surplus of not less than one million five hundred thousand dollars ($1,500,000) and duly authorized to transact insurance in this state. The insurer shall not transact in any jurisdiction any kind of insurance other than mortgage guaranty insurance.

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Legislative History

[I.C., sec. 41-2652, as added by 1972, ch. 79, sec. 1, p. 159; am. 1994, ch. 240, sec. 6, p. 755.]

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15
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Bluebook (online)
Idaho § 41-2652, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/41-2652.