Idaho § 41-3432 - Fidelity bond
Full text of Idaho Idaho Statutes § 41-3432 — Fidelity bond, with citation guidance and answers to common questions.
§ 41-3432. Fidelity bond
Every service corporation shall procure and maintain in force a fidelity bond or bonds, with authorized corporate surety, covering every officer or employee entrusted with the handling of its funds, in such amount, but not less than five thousand dollars ($5,000), as may be fixed by its board of directors.
[41-3432, added 1961, ch. 330, sec. 790, p. 645.]
Frequently Asked Questions About Idaho § 41-3432
What does Idaho Statutes § 41-3432 cover?
Section 41-3432 ("Fidelity bond") 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 § 41-3432?
A common citation format is "Idaho Statutes § 41-3432" (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 § 41-3432 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.