2005 Idaho Code - 41-802 — PURPOSE OF DEPOSIT

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 8
                          ADMINISTRATION OF DEPOSITS
    41-802.  PURPOSE OF DEPOSIT. Such deposits shall be held for purposes as
follows:
    (1)  Deposits made in this state under sections 41-316, Idaho Code,
(foreign and alien insurance deposit requirements), and 41-316A, Idaho Code,
(domestic insurance deposit requirements), shall be held for the purposes
stated in the respective sections.
    (2)  A deposit made in this state by a domestic insurer transacting
insurance in another state, province or country, and as required by the laws
of such state, province or country, shall be held for the purpose or purposes
specified pursuant to such laws.
    (3)  Deposits of foreign insurers required pursuant to the retaliatory
provision, section 41-340, Idaho Code, shall be held for such purposes as are
required by such law, and as specified by the director's order by which the
deposit is required.