Idaho Code tit. 41, ch. 36 – Insurance Guaranty Association | Midpage

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Idaho Statutes

Chapter 36

Idaho Code tit. 41, ch. 36

Insurance Guaranty Association

41-3601Short title.41-3603Application of act.41-3605Definitions.41-3606Insurance guaranty association — Insurers required to be members — Purposes.41-3607Board of directors — Number — Election or appointment — Reimbursement for expenses.41-3608Obligations and powers of association.41-3609Plan of operation — Approval — Adoption of interim rules by director — Contents of plan — Delegation of powers and duties — Reimbursement of delegate corporation or organization.41-3610Duties and powers of director — Judicial review.41-3611Subrogation of association to rights of claimants — Receiver, liquidator, or successor bound by association claim settlements — Periodic filing of statements of paid claims with receiver or liquidator.41-3612Exhaustion of other coverage.41-3613Prevention of insolvencies.41-3614Regulation by director — Annual reports to director.41-3615Exemption from taxes — Exception.41-3616Credits for assessments paid.41-3617No liability for actions taken pursuant to act.41-3618Stay of court proceedings for insolvency — Setting aside judgment against insolvent insurer.41-3619Protection of act not used to sell insurance.41-3620Termination of operation of association as to insurance covered by other plan — Dissolution of association and distribution of assets — Expiration of act.41-3621Cooperation of liquidator, receiver, or statutory successor of an insolvent insurer.