41-2603. JUSTIFICATION OF SURETY — DIRECTOR’S CERTIFICATE AS EVIDENCE. (1) The director is authorized to issue to any person applying therefor, a certificate showing that any surety insurer that has complied with the laws of the state of Idaho is qualified to do a surety business in this state, and stating the general terms of the risks authorized to be so written.
(2) Any such certificate or any certified copy of any uncanceled certificate, shall be received in evidence as a sufficient justification of such surety and its authority to do business in this state: provided, however, that the certificate of the county recorder to any such certified copy, or any certificate furnished directly by the director to an applicant therefor, must bear a date the same as, or later than the date of the bond, undertaking or obligation upon which justification is being made.
History:
[41-2603, added 1961, ch. 330, sec. 556, p. 645.]
Structure Idaho Code
Chapter 26 - SURETY INSURANCE CONTRACTS
Section 41-2603 - JUSTIFICATION OF SURETY — DIRECTOR’S CERTIFICATE AS EVIDENCE.
Section 41-2604 - MAY BE SOLE SURETY ON BONDS.
Section 41-2605 - CERTIFICATE AS EVIDENCE OF AUTHORITY TO BE SOLE SURETY.
Section 41-2606 - PREMIUMS ON BONDS — ALLOWANCE AS EXPENSE COSTS — LIMIT AS TO AMOUNT.
Section 41-2607 - BOND PREMIUMS AS PART OF COSTS IN ACTIONS AND PROCEEDINGS.
Section 41-2608 - DEPOSIT FOR PROTECTION OF SURETY.
Section 41-2609 - RELEASE OF SURETY ON CERTAIN OFFICIAL BONDS.
Section 41-2610 - ESTOPPEL TO DENY CORPORATE POWER.
Section 41-2611 - DEDUCTION OF BOND PREMIUM FROM WAGES OF EMPLOYEES.
Section 41-2612 - RELEASE OF SURETY ON BOND OF LICENSEE OR PERMITTEE.