Upon the application of a deposit guarantee corporation, the director may issue a certificate of authority to a corporation authorized to issue share and deposit insurance contracts upon such terms and conditions as the director may prescribe by rule or regulation promulgated in accordance with section 41-211 , Idaho Code, and chapter 52, title 67 , Idaho Code.

[41-322A, added 1983, ch. 177, sec. 2, p. 485.]