Idaho Statutes
§ 41-3109 — DIRECTORS
Idaho § 41-3109
This text of Idaho § 41-3109 (DIRECTORS) 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 § 41-3109 (2026).
Text
(1)The affairs of the insurer shall be under the direction of a board of directors comprised of not less than nine (9) nor more than twenty-five (25) members of the insurer.
(2)After expiration of the term of initial directors, if any, as provided for in the articles of incorporation, directors shall be elected at the annual meeting of the insurer’s members for terms of not more than three (3) years each. If terms of more than one (1) year are used, the terms of directors shall be staggered so that the terms of a proportionate number of directors will expire each year.
(3)A director may also act as an agent for the insurer with the same but not greater contract authority as any other agent.
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Legislative History
[41-3109, added 1961, ch. 330, sec. 667, p. 645; am. 1983, ch. 46, sec. 1, p. 117.]
Nearby Sections
15
§ 41-1001
PURPOSE AND SCOPE§ 41-1002
TERMS CONSTRUED§ 41-1003
DEFINITIONS§ 41-1004
LICENSE REQUIRED§ 41-1005
EXCEPTIONS TO LICENSING§ 41-1006
APPLICATION FOR EXAMINATION§ 41-1007
APPLICATION FOR PRODUCER LICENSE§ 41-1008
PRODUCER LICENSE§ 41-1009
NONRESIDENT PRODUCER LICENSE§ 41-101
SHORT TITLE§ 41-1011
ISSUANCE — REFUSAL OF LICENSE§ 41-1012
EXEMPTION FROM EXAMINATION§ 41-1014
ASSUMED NAMESCite This Page — Counsel Stack
Bluebook (online)
Idaho § 41-3109, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/41-3109.