Montana Statutes
§ 33-12-211 — Policy Loans
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 12 INSURER INVESTMENTS·Part 2 Life and Health Insurers
33-12-211 . Policy loans. A life insurer may lend to a policyholder, on the security of the cash surrender value of the policyholder's policy, a sum not exceeding the legal reserve that the insurer is required to maintain on the policy.
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Legislative History
En. Sec. 23, Ch. 304, L. 1999.
Nearby Sections
15
§ 33-12-101
Purpose And Scope§ 33-12-102
Definitions§ 33-12-103
General Investment Qualifications§ 33-12-105
Prohibited Investments§ 33-12-106
Loans To Officers And Directors§ 33-12-107
Valuation Of Investments§ 33-12-108
Presumption Of Control§ 33-12-110
Special Rated Credit Instrument§ 33-12-111
Rules§ 33-12-112
Foreign And Alien Insurers§ 33-12-113
Indemnification Agreement§ 33-12-201
Applicability