Current as of January 01, 2020 | Updated by FindLaw Staff
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A newly formed domestic stock insurer shall be entitled to a certificate of authority only when its entire authorized capital stock has been subscribed for and paid for in full, and it has fulfilled the other requirements for the certificate of authority as applicable under this code to the kind or kinds of insurance proposed to be transacted. The director shall not issue a certificate of authority to any such insurer which does not meet the requirements of this section.
Cite this article: FindLaw.com - Idaho Statutes Title 41. Insurance § 41-2818. Qualification for initial certificate of authority--Stock insurers - last updated January 01, 2020 | https://codes.findlaw.com/id/title-41-insurance/id-st-sect-41-2818/
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