Idaho State Statutes - Idaho Attorney Directory

The director may petition the district
court for an order directing him to liquidate a domestic insurer or an alien
insurer domiciled in this state on the basis:
(1) Of any ground for an order of rehabilitation as specified in section
41-3312, Idaho Code, whether or not there has been a prior order directing the
rehabilitation of the insurer;
(2) That the insurer is insolvent; or
(3) That the insurer is in such condition that the further transaction of
business would be hazardous, financially or otherwise, to its policyholders,
its creditors, or the public.

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