2016 Idaho Statutes
Title 41 - INSURANCE
Chapter 31 - COUNTY MUTUAL INSURERS
Section 41-3103 - FILING OF ARTICLES -- COMMENCEMENT OF BUSINESS.

ID Code § 41-3103 (2016) What's This?

41-3103. Filing of articles -- Commencement of business. (1) The articles of incorporation of a proposed new county mutual fire insurer, after due execution and acknowledgment as provided in section 41-3102, shall be filed as required by those provisions of section 41-2805 (filing of articles) applying to mutual insurers.
(2) After the articles of incorporation have been so filed, the directors shall adopt by-laws, elect officers, and apply to the director for a certificate of authority as a county mutual fire insurer. Upon issuance of the certificate of authority the insurer may commence business as a county mutual fire insurer.

History:
[41-3103, added 1961, ch. 330, sec. 661, p. 645.]

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