Montana Statutes

§ 33-16-405 — Insurers With Common Ownership Or Management

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 16 RATES -- RATING AND ADVISORY ORGANIZATIONS·Part 4 Rating Organizations
33-16-405 . Insurers with common ownership or management. If two or more insurers having a common ownership or operating in this state under common management are admitted for the classes or types of insurance for which a rating organization is licensed to make rates, the rating organization may require as a condition to membership or subscribership of one or more that all such insurers shall become members or subscribers.

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Legislative History

En. Sec. 18, Ch. 362, L. 1969; R.C.M. 1947, 40-3651.

Nearby Sections

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