Montana Statutes
§ 80-2-221 — Fee For Hail Insurance
80-2-221 . Fee for hail insurance.
(1)A fee is imposed on all land in this state growing crops subject to injury or destruction by hail if the owners of the land have elected to become subject to the provisions of this part.
(2)The board of hail insurance shall annually estimate, as accurately as possible, the amount required to pay all losses, interest on warrants, and costs of administration and shall recommend to the department a fee to be imposed on each kind of land subject to the provisions of this part. The rates recommended to apply on the land must be applied in the same proportions to the crops of those landowners insured on a personal basis.
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Legislative History
En. Sec. 2, Ch. 169, L. 1917; amd. Sec. 1, Ch. 34, L. 1919; amd. Sec. 2, Ch. 141, L. 1921; re-en. Sec. 351, R.C.M. 1921; amd. Sec. 4, Ch. 40, L. 1923; amd. Sec. 1, Ch. 54, L. 1931; re-en. Sec. 351, R.C.M. 1935; amd. Sec. 2, Ch. 33, L. 1949; amd. Sec. 2, Ch. 200, L. 1953; amd. Sec. 59, Ch. 391, L. 1973; amd. Sec. 2, Ch. 154, L. 1975; amd. Sec. 32, Ch. 13, L. 1977; R.C.M. 1947, 82-1506(1); amd. Sec. 1, Ch. 20, L. 1979; amd. Sec. 6, Ch. 691, L. 1983; amd. Sec. 210, Ch. 574, L. 2001; amd. Sec. 6, Ch. 399, L. 2013.
Nearby Sections
15
§ 80-2-103
Administration Of Trust Assets§ 80-2-106
Rules§ 80-2-203
Participation In Program -- Fee§ 80-2-205
What Crops Subject To Provisions Of Law§ 80-2-206
Payment§ 80-2-208
Maximum Insurance§ 80-2-209
Reinsurance