Terms Used In Idaho Code 59-802

• Administrator: means the administrator of the division of insurance management in the department of administration, as provided by section 67-5760, Idaho Code. See Idaho Code 59-802
• Agency: means each department, institution, board, bureau, commission or committee of the government of the state, including state educational institutions, the supreme court and district courts, but does not include any political subdivisions of the state. See Idaho Code 59-802
• 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.
• Crime insurance: means insurance which indemnifies the assured public entity against losses from employee dishonesty, losses inside and outside the premises, losses from money orders and counterfeit paper currency, losses from depositors’ forgery, and/or generally assures the fidelity and faithful performance of public officials or employees holding positions of public trust. See Idaho Code 59-802
• Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. ^{Source: OCC}
• Political subdivision: means any county, city, municipal corporation, health district, school district, irrigation district, special improvement or taxing district, or any other political subdivision or public corporation, or as currently defined in section 6-902(2), Idaho Code. See Idaho Code 59-802
• Property: includes both real and personal property. See Idaho Code 73-114
• Public official or employee: means each elected or appointed officer of the state or a political subdivision of the state and each officer and employee of an agency or a political subdivision. See Idaho Code 59-802
• 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
• Surety bond: means a bond or surety issued by a corporate surety company authorized to do business in this state in an amount fixed by the administrator or governing body of a political subdivision to an individual public official or employee, which shall be payable to the state or a political subdivision, and whenever possible, conditioned on honesty and the faithful performance of his duties during the employment or term of office and until his successor is elected or appointed and is qualified, and that he will properly account for all money and property received in his official capacity as a public official or as an employee. See Idaho Code 59-802