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Current as of January 01, 2024 | Updated by Findlaw Staff
Upon application of a new insurer for a certificate of authority, the director of the department of insurance shall promptly make an investigation of:
(1) The character, reputation, financial standing and purposes of the organizers, incorporators, and subscribers organizing the proposed insurer or organization;
(2) The character, financial responsibility, insurance experience, and business qualifications of its proposed officers and directors; and
(3) Such other aspects of the proposed insurer or financing as he may deem advisable.
Cite this article: FindLaw.com - Idaho Statutes Title 41. Insurance § 41-2809. Investigation of proposed organization - last updated January 01, 2024 | https://codes.findlaw.com/id/title-41-insurance/id-st-sect-41-2809/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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