# Idaho Code § 41-1416: 41-1416 PERIOD LICENSE EFFECTIVE — RENEWAL — FEE — SUSPENSION OR REVOCATION

> Idaho · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1416

## Section

- **Citation:** Idaho Code § 41-1416
- **Heading:** 41-1416 PERIOD LICENSE EFFECTIVE — RENEWAL — FEE — SUSPENSION OR REVOCATION
- **Jurisdiction:** Idaho
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Idaho Code / Title 41 / Chapter 14 / Section 41-1416

## Text

41-1416. Period license effective — Renewal — Fee — Suspension or revocation. (1) Licenses issued to rating organizations under section 41-1415, Idaho Code, shall remain in effect for one (1) year, unless sooner suspended or revoked by the director, and may be renewed for successive periods of one (1) year each upon application of the rating organization and payment in advance of the license fee.

(2) The fee for the license shall be in the amount set forth by rule pursuant to section 41-401, Idaho Code.

(3) The director may suspend or revoke the license if he finds, after a hearing thereon of which notice was duly given to the rating organization, that the rating organization no longer meets the requirements of section 41-1415, Idaho Code, or for failure to comply with the director's order as provided in section 41-1432, Idaho Code.

History:

[41-1416, added 1961, ch. 330, sec. 321, p. 645; am. 2001, ch. 85, sec. 5, p. 214.]

## Nearby sections

- [Idaho Code § 41-1401 41-1401 SCOPE OF CHAPTER.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1401.md)
- [Idaho Code § 41-1402 41-1402 PURPOSE OF LAW — INTERPRETATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1402.md)
- [Idaho Code § 41-1405 41-1405 RATE STANDARDS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1405.md)
- [Idaho Code § 41-1415 41-1415 RATING ORGANIZATIONS — LICENSING.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1415.md)
- [Idaho Code § 41-1416 41-1416 PERIOD LICENSE EFFECTIVE — RENEWAL — FEE — SUSPENSION OR REVOCATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1416.md)
- [Idaho Code § 41-1417 41-1417 ADMISSION OF SUBSCRIBERS — SERVICES NONDISCRIMINATORY.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1417.md)
- [Idaho Code § 41-1420 41-1420 NOTICE OF RATING ORGANIZATION CHANGES.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1420.md)
- [Idaho Code § 41-1421 41-1421 TECHNICAL SERVICES.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1421.md)
- [Idaho Code § 41-1425 41-1425 ADVISORY ORGANIZATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1425.md)
- [Idaho Code § 41-1426 41-1426 JOINT UNDERWRITING OR JOINT REINSURANCE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1426.md)
- [Idaho Code § 41-1427 41-1427 EXAMINATION OF INSURERS AND RATING, ADVISORY, JOINT UNDERWRITING, AND JOINT REINSURANCE ORGANIZATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1427.md)
- [Idaho Code § 41-1428 41-1428 RECORDING AND REPORTING OF LOSS AND EXPENSE EXPERIENCE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1428.md)
- [Idaho Code § 41-1429 41-1429 INTERCHANGE OF DATA — CONSULTATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1429.md)
- [Idaho Code § 41-1430 41-1430 DISCLOSURE OF INFORMATION AND IMMUNITY.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1430.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C14_S41-1416. Check the current official text before relying on it. Not legal advice.