Idaho § 41-2809 INVESTIGATION OF PROPOSED ORGANIZATION

Idaho Statutes

§ 41-2809 — INVESTIGATION OF PROPOSED ORGANIZATION

Idaho § 41-2809

Title 41INSURANCE

Ch. 28ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS

This text of Idaho § 41-2809 (INVESTIGATION OF PROPOSED ORGANIZATION) 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 § 41-2809 (2026).

Text

Upon application of a new insurer for a certificate of authority, the director of the department of insurance shall promptly make an investigation of:

(1)The character, reputation, financial standing and purposes of the organizers, incorporators, and subscribers organizing the proposed insurer or organization;

(2)The character, financial responsibility, insurance experience, and business qualifications of its proposed officers and directors; and

(3)Such other aspects of the proposed insurer or financing as he may deem advisable.

Free access — add to your briefcase to read the full text and ask questions with AI

Upon application of a new insurer for a certificate of authority, the director of the department of insurance shall promptly make an investigation of:
(1) The character, reputation, financial standing and purposes of the organizers, incorporators, and subscribers organizing the proposed insurer or organization;
(2) The character, financial responsibility, insurance experience, and business qualifications of its proposed officers and directors; and
(3) Such other aspects of the proposed insurer or financing as he may deem advisable.