2005 Idaho Code - 41-2652 — AUTHORITY TO TRANSACT BUSINESS

                                  TITLE  41
                                  INSURANCE
                                 CHAPTER 26A
                         MORTGAGE GUARANTY INSURANCE
    41-2652.  AUTHORITY TO TRANSACT BUSINESS. Mortgage guaranty insurance may
be transacted only by a stock insurer while possessing and maintaining paid-in
capital stock of not less than one million five hundred thousand dollars
($1,500,000) and surplus of not less than one million five hundred thousand
dollars ($1,500,000) and duly authorized to transact insurance in this state.
The insurer shall not transact in any jurisdiction any kind of insurance other
than mortgage guaranty insurance.