An insurer may invest or deposit any of its funds in time certificates or share or savings accounts of banks, savings and loan associations and credit unions; provided, however, that funds may be deposited in any one (1) such savings and loan association or credit union only to the extent that such an account is insured by either the federal savings and loan insurance corporation or the national credit union [share] insurance fund.
Idaho Code § 41-720
Savings and share accounts
1961, ch. 330, § 157, p. 645; am. 1971, ch. 122, § 6, p. 408; am. 1982, ch. 212, § 1, p. 586.
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.