Idaho § 41-3113 - Expenses
Full text of Idaho Idaho Statutes § 41-3113 — Expenses, with citation guidance and answers to common questions.
§ 41-3113. Expenses
(1) The operating expenses of the insurer shall be reasonable in amount in relation to the volume of business transacted and insurance losses incurred.
(2) The insurer’s by-laws shall contain reasonable limitations of all such expenses, and such provisions and all modifications thereof shall be subject to the director’s approval.
[41-3113, added 1961, ch. 330, sec. 671, p. 645.]
Frequently Asked Questions About Idaho § 41-3113
What does Idaho Statutes § 41-3113 cover?
Section 41-3113 ("Expenses") 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 § 41-3113?
A common citation format is "Idaho Statutes § 41-3113" (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 § 41-3113 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.