Idaho § 41-4302
Full text of Idaho Idaho Statutes § 41-4302, with citation guidance and answers to common questions.
§ 41-4302.
purpose. (1) The purpose of this chapter is to protect, subject to certain limitations, the persons specified in section 41-4303 (1), Idaho Code, against failure in the performance of contractual obligations under life and health insurance policies and annuity contracts specified in section 41-4303 (2), Idaho Code, because of the impairment or insolvency of the member insurer that issued the policies or contracts.
(2) To provide the protection stated in subsection (1) of this section, an association of insurers will pay benefits and continue coverages as provided for and limited by this chapter. Members of the association are subject to assessment to provide funds to carry out the purpose of this chapter.
[41-4302, added 2011, ch. 196, sec. 2, p. 559.]
Frequently Asked Questions About Idaho § 41-4302
What does Idaho Statutes § 41-4302 cover?
Section 41-4302 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 § 41-4302?
A common citation format is "Idaho Statutes § 41-4302" (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 § 41-4302 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.