Idaho § 41-3325 - Collection and list of assets

Full text of Idaho Idaho Statutes § 41-3325 — Collection and list of assets, with citation guidance and answers to common questions.

§ 41-3325. Collection and list of assets

(1) As soon as practicable after the liquidation order but not later than one hundred twenty (120) days thereafter, the liquidator shall prepare in duplicate a list of the insurer’s assets. The list shall be amended or supplemented from time to time as the liquidator may determine. One (1) copy shall be filed in the office of the clerk of the district court and one (1) copy shall be retained for the liquidator’s files. All amendments and supplements shall be similarly filed.

(2) The liquidator shall reduce the assets to a degree of liquidity that is consistent with the effective execution of the liquidation.

(3) A submission to the court for disbursement of assets in accordance with section 41-3334 , Idaho Code, fulfills the requirements of subsection (1) of this section.

[41-3325, added 1981, ch. 249, sec. 2, p. 521.]

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

Frequently Asked Questions About Idaho § 41-3325

What does Idaho Statutes § 41-3325 cover?

Section 41-3325 ("Collection and list of assets") 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 § 41-3325?

A common citation format is "Idaho Statutes § 41-3325" (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 § 41-3325 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.