™Your Policy Risk Impact Agent
62 chapters · 1,376 sections in this title.
Idaho Code § 41-1501 SHORT TITLE
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41-1501. SHORT TITLE. This chapter will be known and may be cited as the "Managing General Agents Act."
Idaho Code § 41-1502 DEFINITIONS
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41-1502. DEFINITIONS. For the purposes of this chapter: (1) "Actuary" means a person who is a member in good standing of the American academy of actuaries. (2) "Insurer" means any person, firm, association or corporation duly licensed in this state as an insurance company pursuan…
Idaho Code § 41-1503 LICENSURE
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41-1503. LICENSURE. (1) No person, firm, association or corporation shall act in the capacity of a MGA with respect to risks located in this state for an insurer licensed in this state unless such person is a licensed agent in this state pursuant to the provisions of chapter 10, …
Idaho Code § 41-1504 REQUIRED CONTRACT PROVISIONS
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41-1504. REQUIRED CONTRACT PROVISIONS. No person, firm, association or corporation acting in the capacity of a MGA shall place business with an insurer unless there is in force a written contract between the parties which sets forth the responsibilities of each party and where bo…