Idaho Statutes

§ 41-719 — COLLATERAL LOANS

Idaho § 41-719
JurisdictionIdaho
Title 41INSURANCE
Ch. 7INVESTMENTS

This text of Idaho § 41-719 (COLLATERAL LOANS) 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 § 41-719 (2026).

Text

An insurer may lend and thereby invest its funds upon the pledge of securities eligible for investment under this chapter. As at date made, no such loan shall exceed in amount ninety per cent (90%) of the market value of such collateral pledged. The amount so loaned shall be included pro rata in determining the maximum percentage of funds permitted under this chapter to be invested in the respective categories of securities so pledged.

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Legislative History

[41-719, added 1961, ch. 330, sec. 156, p. 645.]

Nearby Sections

15
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Bluebook (online)
Idaho § 41-719, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/41-719.