Idaho Statutes

§ 41-3320 — INSURER — DISSOLUTION

Idaho § 41-3320
JurisdictionIdaho
Title 41INSURANCE
Ch. 33INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION

This text of Idaho § 41-3320 (INSURER — DISSOLUTION) 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 § 41-3320 (2026).

Text

The director may petition for an order dissolving the corporate existence of a domestic insurer or the United States branch of an alien insurer domiciled in this state at the time he applies for a liquidation order. The court shall order dissolution of the corporation upon petition by the director upon or after the granting of a liquidation order. If the dissolution has not previously been ordered, it shall be effected by operation of law upon the discharge of the liquidator if the insurer is insolvent, but may be ordered by the court upon the discharge of the liquidator if the insurer is under a liquidation order for some other reason.

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Legislative History

[41-3320, added 1981, ch. 249, sec. 2, p. 516.]

Nearby Sections

15
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Bluebook (online)
Idaho § 41-3320, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/41-3320.