Idaho § 41-4306
Full text of Idaho Idaho Statutes § 41-4306, with citation guidance and answers to common questions.
§ 41-4306.
creation of the association. (1) This chapter continues the existence of the nonprofit legal entity known as the Idaho life and health insurance guaranty association. All member insurers shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under the plan of operation established and approved under section 41-4310 , Idaho Code, and shall exercise its powers through a board of directors provided for under section 41-4307 , Idaho Code. For purposes of administration and assessment, the association shall continue the existence and maintenance of three (3) accounts:
(a) Life insurance account;
(b) Health insurance account, formerly designated the "disability insurance account"; and
(c) Annuity account.
(2) The association shall come under the immediate supervision of the director and shall be subject to the applicable provisions of the insurance laws of this state.
[41-4306, added 2011, ch. 196, sec. 2, p. 565.]
Frequently Asked Questions About Idaho § 41-4306
What does Idaho Statutes § 41-4306 cover?
Section 41-4306 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 § 41-4306?
A common citation format is "Idaho Statutes § 41-4306" (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 § 41-4306 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.