41-3721 — TERMINATION OF REGISTRATION
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TITLE 41
INSURANCE
CHAPTER 37
IDAHO HOSPITAL LIABILITY TRUST ACT
41-3721. TERMINATION OF REGISTRATION. (1) The director shall terminate
the registration of a hospital trust upon written request of the trustee, or
if he finds, after an examination, that the trust fund is insolvent.
(2) The director may terminate the registration of a hospital trust for
violation of this act, or failure of the trustee to file the annual statement
with the director and pay the tax within the time required under sections
41-3713 and 41-3714, Idaho Code, or if he finds, after an examination of the
trust fund and the hospital trust:
(a) That the hospital trust no longer meets the qualifications required
by section 41-3707, Idaho Code, and that the deficiency will not or cannot
be remedied within a reasonable time;
(b) That as a matter of frequent practice, claims are not being fairly
and promptly paid;
(c) That the cost of administering the hospital trust is excessive in
relation to the character and volume of service being rendered in the
administration; or
(d) That the trust fund has been subject to fraudulent or dishonest
practices on the part of the trustee, administrator, consultant, or any
member thereof.
(3) The director shall so terminate the registration by his written order
given to the trustee last of record and to each member last of record. The
order shall state the grounds upon which made and its effective date. The
order shall be subject to judicial review in the same manner as applies to
official orders of the director in general.