41-2906 — SURPLUS FUNDS REQUIRED


                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 29
                             RECIPROCAL INSURERS
    41-2906.  SURPLUS FUNDS REQUIRED. (1) A domestic reciprocal insurer is
governed, as to surplus required to be maintained, by section 41-313 or
41-313A, Idaho Code.
    (2)  A domestic reciprocal insurer may be authorized to transact
additional kinds of insurance if it has otherwise complied with the provisions
of this code therefor and possesses and maintains surplus funds as to such
additional kinds of insurance as provided in section 41-313, Idaho Code.
    (3)  A domestic reciprocal insurer holding a valid certificate of
authority to transact insurance in this state immediately prior to January 1,
1995, shall have a period of two (2) years from and after January 1, 1995,
within which to comply with any increase in surplus requirements.