2005 Idaho Code - 41-2865 — "EQUITY SECURITY" DEFINED

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 28
                    ORGANIZATION AND CORPORATE PROCEDURES
                         OF STOCK AND MUTUAL INSURERS
    41-2865.  "EQUITY SECURITY" DEFINED. The term "equity security" when used
in this act means any stock or similar security; or any security convertible,
with or without consideration, into such a security, or carrying any warrant
or right to subscribe to or purchase such a security; or any such warrant or
right; or any other security which the director of the department of insurance
shall deem to be of similar nature and consider necessary or appropriate, by
such rules and regulations as he may prescribe in the public interest or for
the protection of investors, to treat as an equity security.