Idaho Statutes

§ 41-3103 — FILING OF ARTICLES — COMMENCEMENT OF BUSINESS

Idaho·Title 41 INSURANCE·Ch. 31 COUNTY MUTUAL INSURERS
(1)The articles of incorporation of a proposed new county mutual fire insurer, after due execution and acknowledgment as provided in section 41-3102, shall be filed as required by those provisions of section 41-2805 (filing of articles) applying to mutual insurers.
(2)After the articles of incorporation have been so filed, the directors shall adopt by-laws, elect officers, and apply to the director for a certificate of authority as a county mutual fire insurer. Upon issuance of the certificate of authority the insurer may commence business as a county mutual fire insurer.

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Legislative History

[41-3103, added 1961, ch. 330, sec. 661, p. 645.]

Nearby Sections

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