Idaho Code § 41-902
Idaho Code § 41-902. Reproduced from the official Idaho Statutes, with a citation summary, verification link, and related provisions.
§ 41-902.
written agreement necessary. (1) No administrator shall act as such without a written agreement between the administrator and the insurer, and the written agreement shall be retained as part of the official records of both the insurer and the administrator for the duration of the agreement and for five (5) years thereafter. The agreement shall be consistent with the provisions of this chapter and shall contain all provisions required in this chapter, except insofar as those requirements do not apply to the functions performed by the administrator.
(2) The written agreement shall include a statement of duties that the administrator is expected to perform on behalf of the insurer and the lines, classes or types of insurance for which the administrator is to be authorized to administer. The agreement shall make provision with respect to underwriting or other standards pertaining to the business underwritten by the insurer.
(3) The insurer or administrator may, with written notice to the other party and the director, terminate the written agreement as provided in the agreement. The insurer may suspend the underwriting authority of the administrator during the pendency of any dispute regarding the termination of the written agreement. The insurer shall fulfill any lawful obligations with respect to policies affected by the written agreement regardless of any dispute between the insurer and the administrator.
[41-902, added 2010, ch. 31, sec. 2, p. 52.]
Source: official Idaho text · Last verified 2026-08-27
At a glance
- Citation: Idaho Statutes § 41-902
- Jurisdiction: Idaho
- Code: Idaho Statutes
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Idaho Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Idaho attorney.
Common questions
What is the source of Idaho Statutes § 41-902?
The text above is transcribed from the Idaho Statutes, the codified statutes of Idaho. The official publisher link appears under "Verify the text" on this page.
What subject does Idaho Statutes § 41-902 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Idaho Statutes § 41-902 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Idaho source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Idaho law to your facts requires a licensed Idaho attorney who can review the specifics.