Montana Statutes

§ 33-23-202 — Reimbursement For Total Loss Of Motor Vehicle Based On Actual Replacement Value

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 23 CASUALTY INSURANCE·Part 2 Motor Vehicle Liability
33-23-202 . Reimbursement for total loss of motor vehicle based on actual replacement value. Each motor vehicle insurance policy issued to residents of this state that provides that reimbursement for total loss of a motor vehicle be based on a "book" value rather than on the actual replacement value is void as to that provision, and reimbursement must be made for actual replacement value except as provided in 27-1-306 .

Free access — add to your briefcase to read the full text and ask questions with AI

Montana § 33-23-202 (Reimbursement For Total Loss Of Motor Vehicle Based On Actual Replacement Value) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 1, Ch. 182, L. 1969; R.C.M. 1947, 40-4404; amd. Sec. 8, Ch. 139, L. 1987; amd. Sec. 2, Ch. 71, L. 1997.

Nearby Sections

15
View on official source ↗