State Codes and Statutes

Statutes > Idaho > Title41 > T41ch8 > T41ch8sect41-809

TITLE 41

INSURANCE

CHAPTER 8

ADMINISTRATION OF DEPOSITS

41-809. Rights of insurer during solvency. So long as the insurer remains solvent and is in compliance with this code it may:

(1) Demand, receive, sue for and recover the income from the securities or assets deposited;

(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and

(3) At any reasonable time inspect any such deposit.

State Codes and Statutes

Statutes > Idaho > Title41 > T41ch8 > T41ch8sect41-809

TITLE 41

INSURANCE

CHAPTER 8

ADMINISTRATION OF DEPOSITS

41-809. Rights of insurer during solvency. So long as the insurer remains solvent and is in compliance with this code it may:

(1) Demand, receive, sue for and recover the income from the securities or assets deposited;

(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and

(3) At any reasonable time inspect any such deposit.


State Codes and Statutes

State Codes and Statutes

Statutes > Idaho > Title41 > T41ch8 > T41ch8sect41-809

TITLE 41

INSURANCE

CHAPTER 8

ADMINISTRATION OF DEPOSITS

41-809. Rights of insurer during solvency. So long as the insurer remains solvent and is in compliance with this code it may:

(1) Demand, receive, sue for and recover the income from the securities or assets deposited;

(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and

(3) At any reasonable time inspect any such deposit.