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2005 Idaho Code - 41-323 — WHAT CERTIFICATE EVIDENCES -- OWNERSHIP OF CERTIFICATE

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 3
                          AUTHORIZATION OF INSURERS
                           AND GENERAL REQUIREMENTS
    41-323.  WHAT CERTIFICATE EVIDENCES -- OWNERSHIP OF CERTIFICATE.  (1) An
insurer's subsisting certificate of authority is evidence of its authority to
transact in this state the kind or kinds of insurance specified therein,
either as direct insurer or as reinsurer or as both.
    (2)  Although issued to the insurer the certificate of authority is at all
times the property of the state of Idaho. Upon any expiration, suspension, or
termination thereof the insurer shall promptly deliver the certificate of
authority to the director.
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