Idaho § 41-717 - Equipment trust obligations
Full text of Idaho Idaho Statutes § 41-717 — Equipment trust obligations, with citation guidance and answers to common questions.
§ 41-717. Equipment trust obligations
An insurer may invest any of its funds, in an aggregate amount not exceeding ten per cent (10%) of its assets, in equipment trust obligations or certificates which are adequately secured or in other adequately secured instruments evidencing an interest in transportation equipment wholly or in part within the United States and the right to receive determined portions of rental, purchase or other fixed obligatory payments for the use or purchase of such transportation equipment.
[41-717, added 1961, ch. 330, sec. 154, p. 645.]
Frequently Asked Questions About Idaho § 41-717
What does Idaho Statutes § 41-717 cover?
Section 41-717 ("Equipment trust obligations") 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 § 41-717?
A common citation format is "Idaho Statutes § 41-717" (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 § 41-717 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.