Title 41 — INSURANCE
62 chapters · 1,376 sections in this title.
Idaho Code § 41-2863 Purchases and sales which are exempt
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41-2863. Purchases and sales which are exempt. The provisions of section 41-2861 shall not apply to any purchase and sale, or sale and purchase, and the provisions of section 41-2862 shall not apply to any sale of an equity security of a domestic stock insurance company not then …
Idaho Code § 41-2864 Foreign or domestic arbitrage transactions exempt
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41-2864. Foreign or domestic arbitrage transactions exempt. The provisions of sections 41-2860—41-2862 shall not apply to foreign or domestic arbitrage transactions unless made in contravention of such rules and regulations as the director of the department of insurance may adopt…
Idaho Code § 41-2865 "Equity security" defined
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41-2865. "Equity security" defined. The term "equity security" when used in this act means any stock or similar security; or any security convertible, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a security…
Idaho Code § 41-2866 Conditions exempting equity securities
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41-2866. Conditions exempting equity securities. The provisions of sections 41-2860—41-2862 shall not apply to equity securities of a domestic stock insurance company if: (a) Such securities shall be registered, or shall be required to be registered, pursuant to section 12 of the…
Idaho Code § 41-2867 Rules and regulations
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41-2867. Rules and regulations. The director of the department of insurance shall have the power to make such rules and regulations as may be necessary for the execution of the functions invested in him by sections 41-2860—41-2862, and may for such purpose classify domestic stock…
Idaho Code § 41-2868 Proxy regulations
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41-2868. Proxy regulations. (1) This section shall apply to all domestic stock insurers except: (a) A domestic stock insurer having less than one hundred (100) stockholders; except, that if ninety-five per cent (95%) or more of the insurer’s stock is owned or controlled by a pare…
Idaho Code § 41-2869 Purpose
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41-2869. Purpose. The purpose of sections 41-2870 through 41-2871, 41-2839(4)(c), and 41-804(3), Idaho Code, is to authorize insurance companies to utilize modern systems for holding and transferring securities without physical delivery of securities certificates, subject to appr…
Idaho Code § 41-2870 Definitions
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41-2870. Definitions. As used in this act: (1) "Securities" means instruments as defined in section 28-8-102(1)(o), Idaho Code. (2) "Clearing corporation" means a corporation as defined in section 28-8-102(1)(e), Idaho Code. (3) "Direct participant" means a national bank, state b…
Idaho Code § 41-2871 Use of book-entry systems
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41-2871. Use of book-entry systems. (1) A domestic insurer may deposit or arrange for the deposit of securities held in or purchased for its general account and its separate accounts in a clearing corporation or the federal reserve book-entry system. When securities are deposited…
Idaho Code § 41-2872 Health care provider contracts — Grievance procedure
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41-2872. Health care provider contracts — Grievance procedure. (1) Any stock or mutual insurer (hereinafter insurance company) issuing benefits pursuant to the provisions of this chapter shall be ready and willing at all times to enter into health care provider service contracts …
Idaho Code § 41-2873 Best price — Most favored nations clause prohibited
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41-2873. Best price — Most favored nations clause prohibited. (1) No stock or mutual insurance company (hereafter, insurance company) may require, as an element of any health care provider participation contract, that any provider agree: (a) To the unnegotiated adjustment by the …