Montana Statutes
§ 33-10-222 — Stay Of Proceedings -- Reopening Default Judgments
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 10 INSURANCE GUARANTY ASSOCIATIONS·Part 2 Life and Health Insurance Guaranty Associations
33-10-222 . Stay of proceedings -- reopening default judgments.
(1)All proceedings in which the insolvent insurer is a party in any court in this state must be stayed 180 days from the date an order of liquidation, rehabilitation, or supervision is final to permit proper legal action by the association on any matters germane to its powers or duties.
(2)As to a judgment under any decision, order, verdict, or finding based on default, the association may apply to have the judgment set aside by the same court that made the judgment and must be permitted to defend against the suit on the merits.
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Legislative History
En. 40-5819 by Sec. 19, Ch. 245, L. 1974; R.C.M. 1947, 40-5819; amd. Sec. 140, Ch. 575, L. 1981; amd. Sec. 15, Ch. 195, L. 2003; amd. Sec. 7, Ch. 27, L. 2011.
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