Idaho § 67-5775 - Risk management guidelines
Full text of Idaho Idaho Statutes § 67-5775 — Risk management guidelines, with citation guidance and answers to common questions.
§ 67-5775. Risk management guidelines
In determining need for, form and amount of, procuring and administering insurance coverages, the director of the department of administration shall give due consideration to:
(1) omission of insurance policy coverage as to property and risks as to which insurance and claim administration costs may be disproportionately great in reference to the amount of risk;
(2) ultimate economies possible through use of reasonable deductions;
(3) use of comprehensive coverages and blanket coverages insuring property and risks of two (2) or more offices, departments, divisions, boards, commissions, institutions and agencies;
(4) reliability of and service provided by insurers to be selected as insurance carriers, as well as financial condition and competitive premium rate;
(5) means through which risks may be improved with ultimate savings to the state through reduction in insurance losses and costs.
Frequently Asked Questions About Idaho § 67-5775
What does Idaho Statutes § 67-5775 cover?
Section 67-5775 ("Risk management guidelines") 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 § 67-5775?
A common citation format is "Idaho Statutes § 67-5775" (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 § 67-5775 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.