StateLawyers Logo Add Your Practice
Attorney Search Issue: State: Idaho City: Search for an Attorney
Home About Us Legal Resources State Resources FAQ Add Your Practice Login Contact Us
Idaho    -    Welcome  |  Attorneys  |  Cities  |  Counties  |  Information  |  Statutes
State Statutes - Idaho - Title 41 - Chapter 12 - 41-1208
Idaho Statutes
Search Idaho Statutes
41-1208 - DEFENSE OF ACTION BY UNAUTHORIZED INSURER
(1) Before any
unauthorized foreign or alien insurer shall file or cause to be filed any
pleading in any action, suit or proceeding instituted against it, such
unauthorized insurer shall:
(a) Deposit with the clerk of the court in which such action, suit or
proceeding is pending, cash or securities, or file with such clerk a bond
with good and sufficient sureties, to be approved by the court, in an
amount determined by the court to be sufficient to secure the payment of
any final judgment which may be rendered in such action, provided,
however, that the court may in its discretion make an order dispensing
with such deposit or bond where the insurer makes a showing satisfactory
to such court that it maintains in a state of the United States funds or
securities, in trust or otherwise, sufficient and available to satisfy any
final judgment which may be entered in such action, suit or proceeding,
and that such insurer will pay any final judgment rendered without
requiring suit to be brought on such judgment in the state where such
securities are located, or
(b) Procure a certificate of authority to transact the business of
insurance in this state.
(2) In any action, suit or proceeding in which service is made in the
manner provided in section 41-1207, [Idaho Code,] the court may, in its
discretion, order such postponement as may be necessary to afford the
defendant reasonable opportunity to comply with the provisions of subsection
(1) of this section and to defend such action.
(3) Nothing in subsection (1) of this section is to be construed to
prevent an unauthorized foreign or alien insurer from filing a motion, in
accordance with the applicable Rules of Civil Procedure, to quash a writ or to
set aside service thereof made in the manner provided in section 41-1207,
[Idaho Code,] hereof on the ground either:
(a) That such unauthorized insurer has not done any of the acts
enumerated in section 41-1206, [Idaho Code,] or
(b) That the person on whom service was made pursuant to subsection (2)
of section 41-1207[, Idaho Code,] was not doing any of the acts therein
enumerated.
 
Click here to visit the Official Idaho State Statutes
Home  |   Sitemap  |   About Us  |   Contact Us  |   Privacy Policy  |   Security  |   Disclaimer  |   Add Your Practice  |   Attorney Login
Copyright © 2004 - 2010, StateLawyers.com, Inc. All Rights Reserved.