Idaho Statutes

§ 41-2927 — DISTRIBUTION OF SAVINGS

Idaho·Title 41 INSURANCE·Ch. 29 RECIPROCAL INSURERS
A reciprocal insurer may from time to time return to its subscribers any unused premiums, savings or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks, or policies, or between subscribers, but this shall not prevent retrospective rating, nor distribution on a retrospective plan.

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Legislative History

[41-2927, added 1961, ch. 330, sec. 654, p. 645.]

Nearby Sections

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