Idaho § 41-3613 - Prevention of insolvencies
Full text of Idaho Idaho Statutes § 41-3613 — Prevention of insolvencies, with citation guidance and answers to common questions.
§ 41-3613. Prevention of insolvencies
To aid in the detection and prevention of insurer insolvencies:
(1) The board of directors, upon majority vote, may make recommendations to the director for the detection and prevention of insurer insolvencies. Such recommendations shall not be considered public documents.
(2) The board of directors may, upon majority vote, make recommendations on matters generally relating to improving or enhancing regulation for solvency.
(3) The board of directors may, at the conclusion of any domestic insurer insolvency in which the association was obligated to pay covered claims, prepare a report on the history and causes of such insolvency, based on the information available to the association and submit such report to the director.
(4) All domestic insurance companies subject to the coverage of this chapter must maintain the paid-up capital stock or basic surplus and the additional surplus set forth in section 41-313 , Idaho Code.
(5) Domestic reciprocal insurance companies issuing only fully assessable worker’s compensation policies are not subject to coverage of this chapter but must meet the requirements of section 41-313A , Idaho Code.
[41-3613, added 1970, ch. 152, sec. 13, p. 462; am. 1992, ch. 316, sec. 4, p. 946; am. 1993, ch. 279, sec. 2, p. 946; am. 1997, ch. 109, sec. 11, p. 264.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 41-3613
What does Idaho Statutes § 41-3613 cover?
Section 41-3613 ("Prevention of insolvencies") 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 § 41-3613?
A common citation format is "Idaho Statutes § 41-3613" (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 § 41-3613 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.