Idaho Code 41-6402 – Definitions
Current as of: 2023 | Check for updates
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As used in this chapter:
(1) "Corporate governance annual disclosure" or "CGAD" means a confidential report filed by the insurer or insurance group made in accordance with the requirements of this chapter.
Terms Used In Idaho Code 41-6402
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Insurance group: means those insurers and affiliates included within an insurance holding company system as that term is defined in chapter 38, title 41, Idaho Code. See Idaho Code 41-6402
- insurer: includes , but is not limited to:
Idaho Code 41-6402State: 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
(2) "Insurance group" means those insurers and affiliates included within an insurance holding company system as that term is defined in chapter 38, title 41, Idaho Code.
(3) "Insurer" has the same meaning as set forth in section 41-103, Idaho Code, and it shall not include agencies, authorities or instrumentalities of the United States, its possessions and territories, the commonwealth of Puerto Rico, the District of Columbia, or a state or political subdivision of a state. For purposes of this chapter, the term "insurer" includes, but is not limited to:
(a) An entity holding a certificate of authority under chapter 3, title 41, Idaho Code;
(b) A service corporation holding a certificate of authority under chapter 34, title 41, Idaho Code;
(c) A managed care organization holding a certificate of authority under chapter 39, title 41, Idaho Code; and
(d) The state insurance fund, created under chapter 9, title 72, Idaho Code.