Idaho § 41-607 - Unearned premium reserve for marine and transportation insurance
Full text of Idaho Idaho Statutes § 41-607 — Unearned premium reserve for marine and transportation insurance, with citation guidance and answers to common questions.
§ 41-607. Unearned premium reserve for marine and transportation insurance
As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned; and the director may require the insurer to carry a reserve equal to one hundred per cent (100%) of premiums on trip risks written during the month ended as of the date of statement.
[41-607, added 1961, ch. 330, sec. 128, p. 645.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 41-607
What does Idaho Statutes § 41-607 cover?
Section 41-607 ("Unearned premium reserve for marine and transportation insurance") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 41-607?
A common citation format is "Idaho Statutes § 41-607" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 41-607 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.