41-2901. "RECIPROCAL" INSURANCE DEFINED. "Reciprocal" insurance is that resulting from an interexchange among persons, known as "subscribers", of reciprocal agreements of indemnity, the interexchange being effectuated through an "attorney in fact" common to all such persons.
History:
[41-2901, added 1961, ch. 330, sec. 628, p. 645.]
Structure Idaho Code
Chapter 29 - RECIPROCAL INSURERS
Section 41-2901 - “RECIPROCAL” INSURANCE DEFINED.
Section 41-2902 - “RECIPROCAL INSURER” DEFINED.
Section 41-2903 - SCOPE OF CHAPTER — EXISTING INSURERS.
Section 41-2904 - INSURING POWERS OF RECIPROCALS.
Section 41-2905 - NAME — SUITS.
Section 41-2906 - SURPLUS FUNDS REQUIRED.
Section 41-2908 - ORGANIZATION OF RECIPROCAL INSURER.
Section 41-2909 - CERTIFICATE OF AUTHORITY.
Section 41-2910 - POWER OF ATTORNEY OR JOINT POWERS ENTITY.
Section 41-2911 - MODIFICATIONS.
Section 41-2912 - ATTORNEY’S BOND.
Section 41-2913 - DEPOSIT IN LIEU OF BOND.
Section 41-2914 - ACTION ON BOND.
Section 41-2915 - SERVICE OF PROCESS — JUDGMENT.
Section 41-2916 - CONTRIBUTIONS TO INSURER.
Section 41-2917 - ANNUAL STATEMENT.
Section 41-2918 - FINANCIAL CONDITION — METHOD OF DETERMINING.
Section 41-2919 - WHO MAY BE SUBSCRIBERS.
Section 41-2920 - SUBSCRIBERS’ ADVISORY COMMITTEE.
Section 41-2921 - SUBSCRIBERS’ LIABILITY.
Section 41-2922 - SUBSCRIBERS’ LIABILITY ON JUDGMENT.
Section 41-2923 - ASSESSMENTS.
Section 41-2924 - TIME LIMIT FOR ASSESSMENT.
Section 41-2925 - AGGREGATE LIABILITY.
Section 41-2926 - NONASSESSABLE POLICIES.
Section 41-2927 - DISTRIBUTION OF SAVINGS.
Section 41-2928 - SUBSCRIBERS’ SHARE IN ASSETS.