Idaho Statutes

§ 41-2922 — SUBSCRIBERS’ LIABILITY ON JUDGMENT

Idaho·Title 41 INSURANCE·Ch. 29 RECIPROCAL INSURERS
(1)No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for thirty (30) days.
(2)Any such judgment shall be binding upon each subscriber only in such proportion as his interests may appear and in amount not exceeding his contingent liability, if any.

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Legislative History

[41-2922, added 1961, ch. 330, sec. 649, p. 645.]

Nearby Sections

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