41-301 “stock” Insurer Defined
41-302 “mutual” Insurer Defined
41-302A “deposit Guarantee” Corporation Defined
41-303 “reciprocal” Insurer Defined
41-304 “charter” Defined
41-305 Certificate of Authority Required
41-306 Exceptions to Certificate of Authority Requirement
41-306A Interstate Insurance Sales
41-307 Authorization for Investment Purposes Only
41-308 General Eligibility for Certificate of Authority
41-309 Government-Owned Insurers Not to Be Authorized
41-310 Payment of Back Taxes
41-311 Name of Insurer
41-312 Combinations of Insuring Powers — One Insurer
41-313 Capital Funds Required — Foreign Insurers and New Domestic Insurers
41-313A Domestic Reciprocal Insurers With Fewer Than Seven Subscribers
41-315 Permissible Insuring Combinations Without Additional Capital Funds
41-316 Deposit — Foreign or Alien Insurers
41-316A Deposit — General Requirement — Domestic Insurers
41-318 Cooperation With the Department of Health and Welfare
41-319 Application for Certificate of Authority
41-320 Consideration of Application
41-322 Issuance or Refusal of Certificate of Authority
41-322A Certificates of Authority for Deposit Guarantee Corporations
41-323 What Certificate Evidences — Ownership of Certificate
41-324 Continuance, Expiration, or Reinstatement of Certificate of Authority
41-325 Amendment of Certificate of Authority
41-326 Suspension or Revocation of Certificate of Authority — Mandatory Grounds
41-327 Administrative Penalty — Suspension or Revocation of Certificate of Authority — Discretionary and Special Grounds
41-328 Order and Notice of Suspension, Revocation or Refusal — Effect Upon Agents’ Authority
41-329 Duration of Suspension — Insurer’s Obligations During Suspension Period — Reinstatement
41-330 Impaired Insurers — Notice to Agents — Penalty
41-331 Impaired Insurers — Liability of Officers
41-332 Foreign Insurers Exempt From Corporation Laws Governing Admission of Foreign Corporations
41-333 Director as Process Agent for Foreign Insurers and Domestic Reciprocal Insurers
41-334 Serving Process — Time to Plead
41-335 Annual Statement
41-336 Review of Annual Statement — Additional Information
41-337 Resident Agent, Countersignature Law
41-338 Exceptions to Resident Agent, Countersignature Law
41-340 Retaliatory Provision
41-341 Operational Standards Between Insurer, Its Parent Corporation, Subsidiary or Affiliated Person
41-342 Redomestication as a Domestic Insurer — Conversion to Foreign Insurer
41-343 Articles of Redomestication
41-344 Effective Date of Redomestication
41-345 Report
41-346 Acquisitions and Dispositions of Assets
41-347 Nonrenewals, Cancellations or Revisions of Ceded Reinsurance Agreements
41-348 Prohibited Acts — Service Providers
41-349 Pharmacy Benefit Managers

Terms Used In Idaho Code > Title 41 > Chapter 3

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • 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.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • 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.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • 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.
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fraud: Intentional deception resulting in injury to another.
  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • 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.
  • 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
  • Personal property: includes money, goods, chattels, things in action, evidences of debt and general intangibles as defined in the uniform commercial code — secured transactions. See Idaho Code 73-114
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Property: includes both real and personal property. See Idaho Code 73-114
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • 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
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC