# Idaho Code § 41-4306: 41-4306 CREATION OF THE ASSOCIATION

> Idaho · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C43_S41-4306

## Section

- **Citation:** Idaho Code § 41-4306
- **Heading:** 41-4306 CREATION OF THE ASSOCIATION
- **Jurisdiction:** Idaho
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Idaho Code / Title 41 / Chapter 43 / Section 41-4306

## Text

41-4306. creation of the association. (1) This chapter continues the existence of the nonprofit legal entity known as the Idaho life and health insurance guaranty association. All member insurers shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under the plan of operation established and approved under section 41-4310, Idaho Code, and shall exercise its powers through a board of directors provided for under section 41-4307, Idaho Code. For purposes of administration and assessment, the association shall continue the existence and maintenance of three (3) accounts:

(a) Life insurance account;

(b) Health insurance account, formerly designated the "disability insurance account"; and

(c) Annuity account.

(2) The association shall come under the immediate supervision of the director and shall be subject to the applicable provisions of the insurance laws of this state.

History:

[41-4306, added 2011, ch. 196, sec. 2, p. 565.]

## 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_S41-4306. Check the current official text before relying on it. Not legal advice.