Idaho Statutes
§ 41-4924 — QUALIFICATIONS FOR REGISTRATION
Idaho § 41-4924
This text of Idaho § 41-4924 (QUALIFICATIONS FOR REGISTRATION) 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 § 41-4924 (2026).
Text
The director shall not register the trust fund if it is not qualified therefor. To be qualified, the trust fund:
(1)Shall require all application fees to be paid in advance and to be deposited in and disbursed from the trust fund duly created under this chapter.
(2)Shall have, or provide for, a trustworthy and responsible administrator for competent administration of the trust fund and plan.
(3)Shall provide that the administrator furnish to each insured owner or operator a contract of insurance adequately and clearly stating all rights and obligations of the insured owner or operator, together with all applicable restrictions, limitations and exclusions, and the procedure for filing a claim.
(4)Shall be actuarially sound; that is, assets, income and other financial resources of the tr
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Legislative History
[(41-4924) 41-4923, added 1990, ch. 119, sec. 1, p. 279; am. 1991, ch. 59, sec. 16, p. 129; am. & redesig. 2003, ch. 96, sec. 26, p. 299.]
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 § 41-4924, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/41-4924.