Idaho Statutes

§ 41-809 — RIGHTS OF INSURER DURING SOLVENCY

Idaho·Title 41 INSURANCE·Ch. 8 ADMINISTRATION OF DEPOSITS

So long as the insurer remains solvent and is in compliance with this code it may:

(1)Demand, receive, sue for and recover the income from the securities or assets deposited;
(2)Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and
(3)At any reasonable time inspect any such deposit.

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Legislative History

[41-809, added 1961, ch. 330, sec. 178, p. 645.]

Nearby Sections

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