# Idaho Code § 41-4302: 41-4302 PURPOSE

> Idaho · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4302

## Section

- **Citation:** Idaho Code § 41-4302
- **Heading:** 41-4302 PURPOSE
- **Jurisdiction:** Idaho
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Idaho Code / Title 41 / Chapter 43 / Section 41-4302

## Text

41-4302. purpose. (1) The purpose of this chapter is to protect, subject to certain limitations, the persons specified in section 41-4303(1), Idaho Code, against failure in the performance of contractual obligations under life and health insurance policies and annuity contracts specified in section 41-4303(2), Idaho Code, because of the impairment or insolvency of the member insurer that issued the policies or contracts.

(2) To provide the protection stated in subsection (1) of this section, an association of insurers will pay benefits and continue coverages as provided for and limited by this chapter. Members of the association are subject to assessment to provide funds to carry out the purpose of this chapter.

History:

[41-4302, added 2011, ch. 196, sec. 2, p. 559.]

## Nearby sections

- [Idaho Code § 41-4301 41-4301 SHORT TITLE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4301.md)
- [Idaho Code § 41-4302 41-4302 PURPOSE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4302.md)
- [Idaho Code § 41-4303 41-4303 COVERAGE AND LIMITATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4303.md)
- [Idaho Code § 41-4304 41-4304 CONSTRUCTION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4304.md)
- [Idaho Code § 41-4305 41-4305 DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4305.md)
- [Idaho Code § 41-4306 41-4306 CREATION OF THE ASSOCIATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4306.md)
- [Idaho Code § 41-4307 41-4307 BOARD OF DIRECTORS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4307.md)
- [Idaho Code § 41-4308 41-4308 POWERS AND DUTIES OF THE ASSOCIATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4308.md)
- [Idaho Code § 41-4309 41-4309 ASSESSMENTS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4309.md)
- [Idaho Code § 41-4310 41-4310 PLAN OF OPERATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4310.md)
- [Idaho Code § 41-4311 41-4311 DUTIES AND POWERS OF THE DIRECTOR.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4311.md)
- [Idaho Code § 41-4312 41-4312 PREVENTION OF INSOLVENCIES.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4312.md)
- [Idaho Code § 41-4313 41-4313 CREDITS FOR ASSESSMENTS PAID.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4313.md)
- [Idaho Code § 41-4314 41-4314 MISCELLANEOUS PROVISIONS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4314.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4302. Check the current official text before relying on it. Not legal advice.
