41-3716 — EXAMINATION OF BOOKS, RECORDS AND ACCOUNTS
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TITLE 41
INSURANCE
CHAPTER 37
IDAHO HOSPITAL LIABILITY TRUST ACT
41-3716. EXAMINATION OF BOOKS, RECORDS AND ACCOUNTS. (1) The books,
records, accounts and affairs of a hospital trust shall be subject to
examination by the director, by competent examiners duly authorized by him in
writing, at such times or intervals as the director deems advisable. The
purposes of the examination shall be to determine compliance of the trust with
applicable laws, financial condition and actuarial adequacy of the trust fund,
and as to other factors materially related to the trust's management and
operation.
(2) The trustee shall make the books, records and accounts of the trust
and trust fund available to the examiner and otherwise facilitate the
examination.
(3) The examiner shall conduct the examination expeditiously, make his
report of the examination in writing, and deliver a copy thereof to the
trustee and the director. The trustee shall have two (2) weeks after receipt
of the report within which to recommend to the director such corrections or
changes therein as the trustee may deem appropriate. After making such
corrections or changes, if any, as he deems proper, the director shall file
the report in his office as a document open to public inspection, and deliver
to the trustee a copy of the report as so corrected or changed.
(4) At the direction of the director, the costs of the examination shall
be borne by the trust fund of the hospital trust in accordance with section
41-228, Idaho Code.