2005 Idaho Code - 41-811 — DEFICIENCY OF DEPOSIT

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 8
                          ADMINISTRATION OF DEPOSITS
    41-811.  DEFICIENCY OF DEPOSIT. (1) For the purpose of determining the
sufficiency of its deposit in this state the assets and securities of the
insurer on deposit shall be valued at current market value.
    (2)  If for any reason the current market value of such assets and
securities falls below the amount of deposit required of the insurer under
this code, the insurer shall promptly deposit other or additional assets or
securities eligible for deposit and in amount sufficient to cure the
deficiency. If the insurer has failed to cure the deficiency within thirty
(30) days after receipt of notice thereof by registered or certified mail from
the director, the director shall forthwith without further notice revoke the
insurer's certificate of authority.