2005 Idaho Code - 41-331 — IMPAIRED INSURERS -- LIABILITY OF OFFICERS

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 3
                          AUTHORIZATION OF INSURERS
                           AND GENERAL REQUIREMENTS
    41-331.  IMPAIRED INSURERS -- LIABILITY OF OFFICERS. The president and
each director of a stock insurer who, after knowing that the insurer's capital
is impaired, permits or assents in the writing of new business by the insurer
in this state during the existence of such impairment, shall, together with
their respective estates, be severally and jointly liable for the amount of
any loss or losses which may be incurred by the insured under any such new
insurance.