Idaho § 41-2866 - Conditions exempting equity securities
Full text of Idaho Idaho Statutes § 41-2866 — Conditions exempting equity securities, with citation guidance and answers to common questions.
§ 41-2866. Conditions exempting equity securities
The provisions of sections 41-2860 - 41-2862 shall not apply to equity securities of a domestic stock insurance company if:
(a) Such securities shall be registered, or shall be required to be registered, pursuant to section 12 of the Securities Exchange Act of 1934, as amended; or
(b) Such domestic stock insurance company shall not have any class of its equity securities held of record by one hundred (100) or more persons on the last business day of the year next preceding the year in which equity securities of the company would be subject to the provisions of sections 41-2860 - 41-2862 except for the provisions of this subsection (b).
[41-2866, added 1965, ch. 294, sec. 7, p. 782.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 41-2866
What does Idaho Statutes § 41-2866 cover?
Section 41-2866 ("Conditions exempting equity securities") 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 § 41-2866?
A common citation format is "Idaho Statutes § 41-2866" (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 § 41-2866 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.