Idaho § 41-2925 - Aggregate liability
Full text of Idaho Idaho Statutes § 41-2925 — Aggregate liability, with citation guidance and answers to common questions.
§ 41-2925. Aggregate liability
No one policy or subscriber as to such policy, shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one calendar year, in excess of the amount provided for in the power of attorney or in the subscribers’ agreement, computed solely upon premium earned on such policy during that year.
[41-2925, added 1961, ch. 330, sec. 652, p. 645.]
Frequently Asked Questions About Idaho § 41-2925
What does Idaho Statutes § 41-2925 cover?
Section 41-2925 ("Aggregate liability") 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 § 41-2925?
A common citation format is "Idaho Statutes § 41-2925" (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 § 41-2925 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.