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Idaho Statutes Title 41. Insurance § 41-3103. Filing of articles--Commencement of business

Current as of January 01, 2024 | Updated by Findlaw Staff

(1) The articles of incorporation of a proposed new county mutual fire insurer, after due execution and acknowledgment as provided in section 41-3102, shall be filed as required by those provisions of section 41-2805 (filing of articles) applying to mutual insurers.

(2) After the articles of incorporation have been so filed, the directors shall adopt by-laws, elect officers, and apply to the director for a certificate of authority as a county mutual fire insurer. Upon issuance of the certificate of authority the insurer may commence business as a county mutual fire insurer.

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Cite this article: FindLaw.com - Idaho Statutes Title 41. Insurance § 41-3103. Filing of articles--Commencement of business - last updated January 01, 2024 | https://codes.findlaw.com/id/title-41-insurance/id-st-sect-41-3103/

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