Print Friendly

     Idaho Statutes

Idaho Statutes are updated to the website July 1 following the legislative session.

pecnv.out

TITLE 41
INSURANCE
CHAPTER 33
INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION
41-3359.  Subordination of claims for noncooperation. If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within his control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under section 41-3342(7), Idaho Code.

History:
[41-3359, added 1981, ch. 249, sec. 2, p. 540.]


How current is this law?