Montana § 33-16-306 Joint Underwriters And Reinsurers -- Compliance

Montana Statutes

§ 33-16-306 — Joint Underwriters And Reinsurers -- Compliance

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 16 RATES -- RATING AND ADVISORY ORGANIZATIONS·Part 3 Insurers Acting in Concert

33-16-306 . Joint underwriters and reinsurers -- compliance. Upon compliance with the provisions of this chapter applicable thereto, any rating organization, advisory organization, and any group, association, or other organization of admitted insurers which engages in joint underwriting or joint reinsurance through such organization or by standing agreement among the members thereof may conduct operations in this state. As respects insurance risks or operations in this state, no insurer shall be a member or subscriber of any such organization, group, or association that has not complied with the provisions of this chapter applicable to it.

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

33-16-306 . Joint underwriters and reinsurers -- compliance. Upon compliance with the provisions of this chapter applicable thereto, any rating organization, advisory organization, and any group, association, or other organization of admitted insurers which engages in joint underwriting or joint reinsurance through such organization or by standing agreement among the members thereof may conduct operations in this state. As respects insurance risks or operations in this state, no insurer shall be a member or subscriber of any such organization, group, or association that has not complied with the provisions of this chapter applicable to it.

Montana § 33-16-306 (Joint Underwriters And Reinsurers -- Compliance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.