There is a newer version of the Idaho Code and Statutes
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2016 Idaho Statutes
Title 41 - INSURANCE
Chapter 7 - INVESTMENTS
Section 41-717 - EQUIPMENT TRUST OBLIGATIONS.

ID Code § 41-717 (2016) What's This?

41-717. Equipment trust obligations. An insurer may invest any of its funds, in an aggregate amount not exceeding ten per cent (10%) of its assets, in equipment trust obligations or certificates which are adequately secured or in other adequately secured instruments evidencing an interest in transportation equipment wholly or in part within the United States and the right to receive determined portions of rental, purchase or other fixed obligatory payments for the use or purchase of such transportation equipment.

History:
[41-717, added 1961, ch. 330, sec. 154, p. 645.]

Disclaimer: These codes may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.