Montana Statutes
§ 33-10-221 — Nomination Of Liquidator By Association -- Notification Given By Liquidator
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 10 INSURANCE GUARANTY ASSOCIATIONS·Part 2 Life and Health Insurance Guaranty Associations
33-10-221 . Nomination of liquidator by association -- notification given by liquidator.
(1)The association may recommend an individual to serve as a special deputy to act for the commissioner and under the commissioner's supervision in the liquidation, rehabilitation, or supervision of any member insurer.
(2)The liquidator, rehabilitator, or supervisor of any impaired or insolvent insurer may notify all interested persons of the effect of this part.
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Legislative History
En. 40-5811, 40-5813 by Secs. 11, 13, Ch. 245, L. 1974; R.C.M. 1947, 40-5811(4), 40-5813; amd. Sec. 140, Ch. 575, L. 1981; amd. Sec. 14, Ch. 195, L. 2003.
Nearby Sections
15
§ 33-10-102
Definitions§ 33-10-103
Creation Of The Association§ 33-10-105
General Powers And Duties§ 33-10-107
Tax Exemption§ 33-10-110
Immunity§ 33-10-112
Examination Of Association§ 33-10-113
Claims -- Notice§ 33-10-114
Claims -- Effect As To Insured And Receiver§ 33-10-115
Recovery -- Sequence -- Nonduplication