41-4810. RESTRICTIONS ON INSURANCE PURCHASED BY PURCHASING GROUPS. A purchasing group may not purchase insurance from a risk retention group that is not chartered in a state, nor from an insurer not admitted in the state in which the purchasing group is located, unless the purchase is effected through a licensed agent or broker acting pursuant to the surplus lines laws and regulations of such state.
History:
[41-4810, added 1987, ch. 140, sec. 1, p. 281.]
Structure Idaho Code
Chapter 48 - RISK RETENTION GROUPS
Section 41-4801 - SHORT TITLE.
Section 41-4803 - DEFINITIONS.
Section 41-4804 - RISK RETENTION GROUPS CHARTERED IN THIS STATE.
Section 41-4805 - RISK RETENTION GROUPS NOT CHARTERED IN THIS STATE.
Section 41-4806 - COMPULSORY ASSOCIATIONS.
Section 41-4807 - COUNTER SIGNATURES NOT REQUIRED.
Section 41-4809 - NOTICE AND REGISTRATION REQUIREMENTS OF PURCHASING GROUPS.
Section 41-4810 - RESTRICTIONS ON INSURANCE PURCHASED BY PURCHASING GROUPS.
Section 41-4813 - DUTY OF AGENTS OR BROKERS TO OBTAIN LICENSE.
Section 41-4814 - BINDING EFFECT OF ORDERS ISSUED IN U.S. DISTRICT COURTS.