Idaho Statutes

§ 41-2843 — DIVIDENDS TO STOCKHOLDERS

Idaho § 41-2843
JurisdictionIdaho
Title 41INSURANCE
Ch. 28ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS

This text of Idaho § 41-2843 (DIVIDENDS TO STOCKHOLDERS) 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 § 41-2843 (2026).

Text

A domestic stock insurer shall not pay any dividend to stockholders except out of earned surplus. Prior to payment thereof, the director, in his discretion, may approve the payment of a dividend from other than earned surplus. For purposes of this section, "earned surplus" shall include surplus arising from unrealized capital gains or revaluation of assets.

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Legislative History

[41-2843, added 1961, ch. 330, sec. 611, p. 645; am. 1993, ch. 194, sec. 14, p. 506.]

Nearby Sections

15
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Bluebook (online)
Idaho § 41-2843, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/41-2843.