Idaho Code § 41-2843: Dividends to stockholders.
Where this section sits in the code
- TITLE 41 INSURANCE
- CHAPTER 28 ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS
A domestic stock insurer shall not pay any dividend to stockholders except out of earned surplus. Prior to payment thereof, the director, in his discretion, may approve the payment of a dividend from other than earned surplus. For purposes of this section, "earned surplus" shall include surplus arising from unrealized capital gains or revaluation of assets.
Collected 2026-09-04T11:20:41Z. Source file · JSON