US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 37
                      IDAHO HOSPITAL LIABILITY TRUST ACT
    41-3713.  RESERVES. (1) A hospital trust shall establish and maintain the
following reserves or financial resources, including but not limited to, bank
credit:
    (a)  An amount sufficient for payment of claims against the trust fund,
    including both claims reported and not yet paid and claims incurred but
    not yet reported.
    (b)  An amount for unearned contributions as computed pro rata on the
    basis of the unexpired portion of the period for which the contribution
    has been paid.
    (c)  An amount adequate under reasonable estimates for payment of all
    claims, claims adjustment expenses, taxes, expenses and other obligations.
    (2)  In any determination of the financial condition of the trust fund,
the reserves or financial resources relating to subsections (a), (b) and (c)
above shall constitute liabilities.