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State Statutes - Idaho - Title 41 - Chapter 34 - 41-3412
Idaho Statutes
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41-3412 - SUSPENSION OR REVOCATION OF CERTIFICATE OF AUTHORITY
(1) The
director shall suspend or revoke the certificate of authority of any service
corporation which he finds, after a hearing thereon, is no longer qualified
therefor under the provisions of this chapter.
(2) The director may, in his discretion, after a hearing thereon suspend
or revoke the certificate of authority for any violation by the service
corporation of any provision of this chapter for which mandatory suspension or
revocation is not required under subsection (1) above, or on any applicable
ground set forth in section 41-327 (suspension, revocation of certificate of
authority, discretionary and special grounds).
(3) No service corporation shall, while its certificate of authority is
suspended or revoked, transact any business as a service corporation other
than that necessary and incidental to the discharge of its contracts and
agreements outstanding on the day such suspension or revocation became
effective. The corporation shall not, after the revocation of its certificate
of authority solicit or issue any new subscriber's contracts.
 
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