Montana Statutes

§ 33-2-610 — Levy Upon Deposit

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 2 REGULATION OF INSURANCE COMPANIES·Part 6 Deposits
33-2-610 . Levy upon deposit. No judgment creditor or other claimant of an insurer shall have the right to levy upon any of the assets or securities held in this state as a deposit for the protection of the insurer's policyholders or policyholders and creditors. As to deposits pursuant to the retaliatory law, 33-2-709 , levy thereupon shall be permitted if so provided in the commissioner's order under which the deposit is made.

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Legislative History

En. Sec. 142, Ch. 286, L. 1959; R.C.M. 1947, 40-3211.

Nearby Sections

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