Statutes > Idaho Statutes > TITLE 41 INSURANCE > CHAPTER 5 KINDS OF INSURANCE -- LIMITS OF RISK -- REINSURANCE > 41-513 "SHARE AND DEPOSIT INSURANCE" DEFINED.

41-513 "SHARE AND DEPOSIT INSURANCE" DEFINED.

TITLE 41

INSURANCE

CHAPTER 5

KINDS OF INSURANCE -- LIMITS OF RISK -- REINSURANCE

41-513. "Share and deposit insurance" defined. Share and deposit insurance is that form of contract which guarantees the redemption of shares and deposits in a bank or a savings and loan association to its account holders and/or which guarantees to members of credit unions the redemption of shares, share accounts and deposits in a credit union.