41-2809. INVESTIGATION OF PROPOSED ORGANIZATION. Upon application of a new insurer for a certificate of authority, the director of the department of insurance shall promptly make an investigation of: (1) The character, reputation, financial standing and purposes of the organizers, incorporators, and subscribers organizing the proposed insurer or organization; (2) The character, financial responsibility, insurance experience, and business qualifications of its proposed officers and directors; and (3) Such other aspects of the proposed insurer or financing as he may deem advisable.
INVESTIGATION OF PROPOSED ORGANIZATION
Idaho Code § 41-2809, under ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS.
Idaho Code § 41-2809