Idaho Statutes

§ 41-2831 — RIGHTS OF MUTUAL MEMBERS IN GENERAL

Idaho·Title 41 INSURANCE·Ch. 28 ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS
(1)A domestic mutual insurer is owned by and shall be operated in the interest of its members.
(2)With respect to the management, records and affairs of the insurer, a member of a mutual insurer shall have the same character of rights and relationship as a stockholder has toward a domestic stock insurer, subject to the provisions of this code.

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Idaho § 41-2831 (RIGHTS OF MUTUAL MEMBERS IN GENERAL) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Kelso & Irwin, P.A. v. State Insurance Fund
997 P.2d 591 (Idaho Supreme Court, 2000)
56 case citations

Legislative History

[41-2831, added 1961, ch. 330, sec. 599, p. 645.]

Nearby Sections

15
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