Montana § 33-2-1511 Audit Committee

Montana Statutes

§ 33-2-1511 — Audit Committee

Montana § 33-2-1511

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 2REGULATION OF INSURANCE COMPANIES

Part 15Regulation of Controlled Insurers and Controlling Producers

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Bluebook

Mont. Code Ann. § 33-2-1511 (2026).

Text

33-2-1511 . Audit committee. Each controlled insurer shall have an audit committee of the board of directors composed of independent directors. The audit committee shall annually review the adequacy of the controlled insurer's loss reserves and meet with management, the controlled insurer's independent certified public accountants, and an independent casualty actuary or other independent loss reserve specialist acceptable to the commissioner.

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33-2-1511 . Audit committee. Each controlled insurer shall have an audit committee of the board of directors composed of independent directors. The audit committee shall annually review the adequacy of the controlled insurer's loss reserves and meet with management, the controlled insurer's independent certified public accountants, and an independent casualty actuary or other independent loss reserve specialist acceptable to the commissioner.