{"data":{"id":"us-id/idaho-code-41-3102a","jurisdiction":"us-id","citation":"Idaho Code § 41-3102A","heading":"Conversion into domestic mutual.","body":"(1) A county mutual insurer upon affirmative vote of not less than two-thirds (2/3) of its members who vote on such conversion, pursuant to due notice, and the approval of the director of the terms therefor, may be converted to a domestic mutual insurer.\n(2) A domestic mutual insurer which has converted from a county mutual insurer shall be subject to the same requirements and shall have the same rights as a like domestic insurer transacting like kinds of insurance, except that prior to June 30, 2004, surplus as regards policyholders may be maintained at a level equal to fifty percent (50%) net written premium in the calendar year preceding, with a minimum set at one million dollars ($1,000,000).\n(3) The director shall not approve any plan for such conversion which is inequitable to members.","path":["TITLE 41 INSURANCE","CHAPTER 31 COUNTY MUTUAL INSURERS"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title41/t41ch31/sect41-3102a/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:20:44Z","sha256":"83c1c10aded41b2f56ecde6d730353a9c592d68b5462536eaa42a5aad63a52c4","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-41-3102","next":"us-id/idaho-code-41-3103"},"notice":"GroundRules: Original legal text. Not legal advice."}