Montana Statutes

§ 33-2-601 — Authorized Deposits Of Insurers

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 2 REGULATION OF INSURANCE COMPANIES·Part 6 Deposits

33-2-601 . Authorized deposits of insurers. The following deposits of insurers when made through the commissioner must be accepted and held and are subject to the provisions of this part:

(1)deposits required under this code for authority to transact insurance in this state;
(2)deposits of domestic insurers when required by the laws of other states, provinces, and countries as a condition for the authority to transact insurance; or
(3)deposits of reserves made by domestic life insurers under 33-2-416 .

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Legislative History

En. Sec. 132, Ch. 286, L. 1959; R.C.M. 1947, 40-3201; amd. Sec. 7, Ch. 227, L. 2011.

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