Idaho § 41-2844 - Dividends to policy holders
Full text of Idaho Idaho Statutes § 41-2844 — Dividends to policy holders, with citation guidance and answers to common questions.
§ 41-2844. Dividends to policy holders
(1) The directors of a domestic mutual insurer may from time to time apportion any pay or credit to its members dividends only out of that part of its surplus funds which represents net realized savings, net realized earnings, and net realized capital gains, all in excess of the surplus required by law to be maintained by the insurer.
(2) A dividend otherwise proper may be payable out of such savings, earnings, and gains even though the insurer’s total surplus is then less than the aggregate of contributed surplus remaining unpaid by the insurer.
(3) A domestic stock insurer may pay dividends to holders of its participating policies out of any available surplus funds.
(4) No dividend shall be paid which is inequitable, or which unfairly discriminates as between classifications of policies or policies within the same classification.
(5) This section is subject to section 41-1933 (3) (provision, etc. of dividends out of earnings on nonparticipating policies).
[41-2844, added 1961, ch. 330, sec. 612, p. 645.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 41-2844
What does Idaho Statutes § 41-2844 cover?
Section 41-2844 ("Dividends to policy holders") 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 § 41-2844?
A common citation format is "Idaho Statutes § 41-2844" (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 § 41-2844 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.