Idaho Code § 41-2867

Current through Chapter 330 of the 2024 Regular Legislative Session
Section 41-2867 - RULES AND REGULATIONS

The director of the department of insurance shall have the power to make such rules and regulations as may be necessary for the execution of the functions invested in him by sections 41-2860-41-2862, and may for such purpose classify domestic stock insurance companies, securities, and other persons or matters within his jurisdiction. No provision of sections 41-2860-41-2862 imposing any liability shall apply to any act done or omitted in good faith in conformity with any rule or regulation of the director of the department of insurance, notwithstanding that such rule or regulation may, after such act or omission, be amended or rescinded or determined by judicial or other authority to be invalid for any reason.

Idaho Code § 41-2867

[41-2867, added 1965, ch. 294, sec. 8, p. 782.]