Idaho § 41-1953 - Filing of Life settlement Contracts and Disclosure Statements

Full text of Idaho Idaho Statutes § 41-1953 — Filing of Life settlement Contracts and Disclosure Statements, with citation guidance and answers to common questions.

§ 41-1953. Filing of Life settlement Contracts and Disclosure Statements

A person shall not use a life settlement contract form or provide to an owner a disclosure statement form in this state unless first filed with the director accompanied by a certification that the form is in compliance with sections 41-1950 through 41-1965 , Idaho Code. The director may disapprove a life settlement contract form or disclosure statement form if, in the director’s opinion, the contract or provisions contained therein fail to meet the requirements of sections 41-1950 through 41-1965 , Idaho Code, or are unreasonable, contrary to the interests of the public, or otherwise misleading or unfair to the owner. At the director’s discretion, the director may require the submission of advertising material.

[41-1953, added 2009, ch. 69, sec. 1, p. 197.]

Source: official Idaho text · Last verified 2026-08-27

Frequently Asked Questions About Idaho § 41-1953

What does Idaho Statutes § 41-1953 cover?

Section 41-1953 ("Filing of Life settlement Contracts and Disclosure Statements") 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 § 41-1953?

A common citation format is "Idaho Statutes § 41-1953" (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 § 41-1953 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.