41-3221. INVESTMENTS. A society shall invest its funds only in such investments as are authorized by the laws of this state for the investment of assets of life insurers and subject to the limitations thereon. Any foreign or alien society permitted or seeking to do business in this state which invests its funds in accordance with the laws of the state, district, territory, country or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds.
History:
[41-3221, added 1995, ch. 213, sec. 2, p. 734.]
Structure Idaho Code
Chapter 32 - FRATERNAL BENEFIT SOCIETIES
Section 41-3201 - FRATERNAL BENEFIT SOCIETIES.
Section 41-3202 - LODGE SYSTEM.
Section 41-3203 - REPRESENTATIVE FORM OF GOVERNMENT.
Section 41-3205 - PURPOSES AND POWERS.
Section 41-3206 - QUALIFICATIONS FOR MEMBERSHIP.
Section 41-3207 - LOCATION OF OFFICE, MEETINGS, COMMUNICATIONS TO MEMBERS, GRIEVANCE PROCEDURES.
Section 41-3208 - NO PERSONAL LIABILITY.
Section 41-3210 - ORGANIZATION.
Section 41-3211 - AMENDMENTS TO LAWS.
Section 41-3212 - INSTITUTIONS.
Section 41-3213 - REINSURANCE.
Section 41-3214 - CONSOLIDATIONS AND MERGERS.
Section 41-3215 - CONVERSION OF FRATERNAL BENEFIT SOCIETY INTO A MUTUAL LIFE INSURANCE COMPANY.
Section 41-3217 - BENEFICIARIES.
Section 41-3218 - BENEFITS NOT ATTACHABLE.
Section 41-3219 - THE BENEFIT CONTRACT.
Section 41-3221 - INVESTMENTS.
Section 41-3227 - EXAMINATION OF SOCIETIES — NO ADVERSE PUBLICATIONS.
Section 41-3228 - FOREIGN OR ALIEN SOCIETY — ADMISSION.
Section 41-3229 - INJUNCTION — LIQUIDATION — RECEIVERSHIP OF DOMESTIC SOCIETY.
Section 41-3230 - SUSPENSION, REVOCATION OR REFUSAL OF LICENSE OF FOREIGN OR ALIEN SOCIETY.
Section 41-3232 - LICENSING OF AGENTS.
Section 41-3233 - UNFAIR METHODS OF COMPETITION AND UNFAIR AND DECEPTIVE ACTS AND PRACTICES.
Section 41-3234 - SERVICE OF PROCESS.