41-2801 Scope of Chapter
41-2802 “Stock” Insurer — “Mutual” Insurer — Definitions
41-2803 Applicability of General Corporation Statutes
41-2804 Incorporation
41-2805 Filing of Articles
41-2809 Investigation of Proposed Organization
41-2818 Qualification for Initial Certificate of Authority — Stock Insurers
41-2820 Initial Qualifications — Domestic Mutuals
41-2822 Applications for Insurance in Formation of Mutual Insurer
41-2823 Formation of Mutuals — Trust Deposit of Premiums — Issuance of Policies
41-2824 Formation of Mutuals — Failure to Qualify
41-2825 Additional Kinds of Insurance — Mutuals
41-2826 Amendment of Articles of Incorporation — Stock Insurers
41-2827 Amendment of Articles of Incorporation — Mutual Insurer
41-2828 Insurance Business Exclusive
41-2829 Membership in Mutuals
41-2830 By-Laws of Mutual
41-2831 Rights of Mutual Members in General
41-2832 Meetings of Members of Mutual Insurer
41-2833 Special Meetings of Members of Mutual Insurer
41-2834 Voting Rights of Mutual Members
41-2835 Directors
41-2836 Notice of Change of Directors or Officers
41-2837 Prohibited Pecuniary Interest of Officials
41-2838 Management and Exclusive Agency Contracts
41-2839 Home Office — Records — Assets — Penalty for Unlawful Removal
41-2840 Vouchers for Expenditures
41-2841 Borrowed Surplus
41-2842 Participating Policies
41-2843 Dividends to Stockholders
41-2844 Dividends to Policy Holders
41-2845 Illegal Dividends — Penalty
41-2846 Contingent Liability of Mutual Members
41-2847 Levy of Contingent Liability
41-2848 Enforcement of Contingent Liability
41-2849 Nonassessable Policies — Mutual Insurers
41-2850 Nonassessable Policies — Revocation of Authority
41-2851 Solicitations in Other States
41-2852 Impairment of Capital or Assets
41-2853 Assessment of Stockholders or Members
41-2854 Mutualization of Stock Insurers
41-2854A Mutualization of Service Corporations
41-2855 Conversion of Mutual Insurer to Stock Insurer
41-2856 Mergers and Consolidations of Stock Insurers
41-2857 Mergers and Consolidations of Mutual Insurers
41-2858 Bulk Reinsurance — Mutual Insurers
41-2859 Mutual Member’S Share of Assets On Liquidation
41-2860 Equity Securities of Domestic Stock Insurance Companies — Statements of Ownership
41-2861 Recovery of Profits Resulting From Unfair Use of Information
41-2862 Restrictions On Sale of Equity Securities
41-2863 Purchases and Sales Which Are Exempt
41-2864 Foreign or Domestic Arbitrage Transactions Exempt
41-2865 “Equity Security” Defined
41-2866 Conditions Exempting Equity Securities
41-2867 Rules and Regulations
41-2868 Proxy Regulations
41-2869 Purpose
41-2870 Definitions
41-2871 Use of Book-Entry Systems
41-2872 Health Care Provider Contracts — Grievance Procedure
41-2873 Best Price — Most Favored Nations Clause Prohibited

Terms Used In Idaho Code > Title 41 > Chapter 28 - Organization and Corporate Procedures of Stock and Mutual Insurers

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fiduciary: A trustee, executor, or administrator.
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Month: means a calendar month, unless otherwise expressed. See Idaho Code 73-114
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Oath: A promise to tell the truth.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: includes a corporation as well as a natural person;
Idaho Code 73-114
  • Property: includes both real and personal property. See Idaho Code 73-114
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • seal: includes an impression of such seal upon the paper, alone, as well as upon wax or a wafer affixed thereto; or, alternatively, the seal may be the mark of a rubber stamp providing substantially the same information as the impression. See Idaho Code 73-111
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
  • Trustee: A person or institution holding and administering property in trust.