Idaho § 41-4115 - Prohibited pecuniary interests in plan management
Full text of Idaho Idaho Statutes § 41-4115 — Prohibited pecuniary interests in plan management, with citation guidance and answers to common questions.
§ 41-4115. Prohibited pecuniary interests in plan management
No board member, administrator or other person having responsibility for the management of a joint public agency self-funded plan or the investment or other handling of plan funds shall:
(1) Receive directly or indirectly or be pecuniarily interested in any fee, commission, compensation, or emolument, other than salary or other compensation regularly fixed and allowed for services regularly rendered to the plan, arising out of any transaction to which the trust fund is or is to be a party;
(2) Receive compensation as a consultant to the plan while also acting as a board member or administrator, or as an employee of either; or
(3) Have any direct or indirect material pecuniary interest in any loan or investment of the trust fund.
[41-4115, added 2006, ch. 415, sec. 1, p. 1278.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 41-4115
What does Idaho Statutes § 41-4115 cover?
Section 41-4115 ("Prohibited pecuniary interests in plan management") 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 § 41-4115?
A common citation format is "Idaho Statutes § 41-4115" (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 § 41-4115 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.