Montana § 33-2-608 Rights Of Insurer During Solvency

Montana Statutes

§ 33-2-608 — Rights Of Insurer During Solvency

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

33-2-608 . Rights of insurer during solvency. So long as the insurer remains solvent and is in compliance with this code it may:

(1)demand, receive, sue for, and recover the income from the assets or securities deposited;

(2)exchange and substitute for the deposited assets or securities, or any part thereof, other eligible assets or securities of equivalent or greater value; and

(3)at any reasonable time inspect any such deposit.

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33-2-608 . Rights of insurer during solvency. So long as the insurer remains solvent and is in compliance with this code it may:
(1) demand, receive, sue for, and recover the income from the assets or securities deposited;
(2) exchange and substitute for the deposited assets or securities, or any part thereof, other eligible assets or securities of equivalent or greater value; and
(3) at any reasonable time inspect any such deposit.

Montana § 33-2-608 (Rights Of Insurer During Solvency) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.