Idaho Code 41-3227 – Examination of Societies — No Adverse Publications
Current as of: 2023 | Check for updates
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(1) The director, or any person he may appoint, may examine any domestic, foreign or alien society transacting or applying for admission to transact business in this state in the same manner as authorized for examination of domestic, foreign or alien insurers. Requirements of notice and an opportunity to respond before findings are made public as provided in the laws regulating insurers shall also be applicable to the examination of societies.
(2) The expense of each examination and of each valuation, including compensation and actual expense of examiners, shall be paid by the society examined or whose certificates are valued, upon statements furnished by the director.
Terms Used In Idaho Code 41-3227
- Director: shall mean the director of the department of insurance of this state. See Idaho Code 41-3204
- Laws: shall mean the society’s articles of incorporation, constitution and bylaws, however designated. See Idaho Code 41-3204
- person: includes a corporation as well as a natural person;
Idaho Code 73-114Society: shall mean fraternal benefit society, unless otherwise indicated. See Idaho Code 41-3204 State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114