Prior to cancellation of either the fidelity bond or the surety bond required by section 30-909, Idaho Code, or both, the escrow agency licensee shall file with the director satisfactory evidence of a new bond in the appropriate amount with no lapse in coverage from the canceled bond. Failure to do so shall be grounds for the suspension or revocation of the escrow agency’s license.
Idaho Code § 30-910
Cancellation of fidelity bond, surety bond, or both — New bond required
Known as the Idaho Escrow Act
The act spans §§ 30–30 (26 sections).
I.C., § 30-910, as added by 2005, ch. 236, § 2, p. 717.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.