Montana Statutes

§ 33-10-111 — Stay Of Proceedings -- Reopening Of Default Judgments

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 10 INSURANCE GUARANTY ASSOCIATIONS·Part 1 Casualty and Property Insurance Guaranty Associations

33-10-111 . Stay of proceedings -- reopening of default judgments.

(1)All proceedings in which the insolvent insurer is a party or is obligated to defend a party in any court in this state must be stayed for 6 months from the date the insolvency is determined or an ancillary proceeding is instituted in the state, whichever is later, or must be stayed for any additional time as may be determined by the court in order to permit proper defense by the association of all pending causes of action.
(2)As to any covered claims arising from a judgment under any decision, verdict, or finding based on the default of the insolvent insurer or its failure to defend an insured, the association either on its own behalf or on behalf of the insured may apply to have the judgment, order, decision, verdict,

Free access — add to your briefcase to read the full text and ask questions with AI

Montana § 33-10-111 (Stay Of Proceedings -- Reopening Of Default Judgments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 18, Ch. 63, L. 1971; R.C.M. 1947, 40-5718; amd. Sec. 54, Ch. 596, L. 1993.

Nearby Sections

15
View on official source ↗