2005 Idaho Code - 41-344 — EFFECTIVE DATE OF REDOMESTICATION

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 3
                          AUTHORIZATION OF INSURERS
                           AND GENERAL REQUIREMENTS
    41-344.  EFFECTIVE DATE OF REDOMESTICATION. A redomestication under
section 41-342, Idaho Code, shall become effective upon the issuance of a
certificate of redomestication by the secretary of state, or such later date
as may be set forth in the notice from the director; provided, however, that
an insurer which has redomesticated in the state of Idaho pursuant to section
41-342, Idaho Code, shall be considered to be the same corporation as that
corporation which existed under the laws of the state in which it was formerly
domiciled and shall be considered as having been an operating insurer from the
date that the corporation was authorized to do business as an insurer in its
original state of incorporation.