2005 Idaho Code - 41-724 — "IMPROVED REAL PROPERTY" DEFINED

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 7
                                 INVESTMENTS
    41-724.  "IMPROVED REAL PROPERTY" DEFINED. For the purpose of section
41-724 [41-721], Idaho Code, "improved real property" means:
    (1)  Farmland used for tillage, crop or pasture;
    (2)  Real estate on which improvements, or improvements under construction
or in process of construction, suitable for residence, institutional,
commercial or industrial use, are situated; and
    (3)  Real estate to be developed for the use or uses set forth in
subsection (2) of this section on which durable structural improvements, or
durable structural improvements under construction or in process of
construction, including but not limited to streets, sidewalks, sewers, and
utilities which will become an integral part of such development, are situated
or abut.