Idaho § 41-2924 TIME LIMIT FOR ASSESSMENT

Idaho Statutes

§ 41-2924 — TIME LIMIT FOR ASSESSMENT

Idaho·Title 41 INSURANCE·Ch. 29 RECIPROCAL INSURERS

Every subscriber of a domestic reciprocal insurer having contingent liability shall be liable for, and shall pay his share of any assessment, as computed and limited in accordance with this chapter, if:

(1)While his policy is in force or within one year after its termination, he is notified by either the attorney or the director of his intentions to levy such assessment, or

(2)If an order to show cause why a receiver, conservator, rehabilitator or liquidator of the insurer should not be appointed is issued while his policy is in force or within one year after its termination.

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

Every subscriber of a domestic reciprocal insurer having contingent liability shall be liable for, and shall pay his share of any assessment, as computed and limited in accordance with this chapter, if:
(1) While his policy is in force or within one year after its termination, he is notified by either the attorney or the director of his intentions to levy such assessment, or
(2) If an order to show cause why a receiver, conservator, rehabilitator or liquidator of the insurer should not be appointed is issued while his policy is in force or within one year after its termination.

Idaho § 41-2924 (TIME LIMIT FOR ASSESSMENT) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.