Montana § 33-25-211 Guaranty Fund -- Investments

Montana Statutes

§ 33-25-211 — Guaranty Fund -- Investments

Montana § 33-25-211

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 25MONTANA TITLE INSURANCE ACT

Part 2Powers and Duties of Title Insurers

This text of Montana § 33-25-211 (Guaranty Fund -- Investments) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 33-25-211 (2026).

Text

33-25-211 . Guaranty fund -- investments.

(1)A title insurer shall establish and maintain the guaranty fund required under 33-2-517 and may invest in necessary plant and equipment and in other investments as authorized under this section.

(2)In addition to other investments eligible under this part, a title insurer may invest and have invested an amount not exceeding 50% of its paid-in capital stock in its title plant, in equipment, and with the commissioner's consent, in stock of abstract companies and of title insurance producers.

(3)Investments authorized by this section may not be credited against the insurer's required guaranty fund or unearned premium reserve provided for under 33-2-517 .

(4)A title plant and equipment may not be allowed as an asset in any determination of the in

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

33-25-211 . Guaranty fund -- investments. (1) A title insurer shall establish and maintain the guaranty fund required under 33-2-517 and may invest in necessary plant and equipment and in other investments as authorized under this section.
(2) In addition to other investments eligible under this part, a title insurer may invest and have invested an amount not exceeding 50% of its paid-in capital stock in its title plant, in equipment, and with the commissioner's consent, in stock of abstract companies and of title insurance producers.
(3) Investments authorized by this section may not be credited against the insurer's required guaranty fund or unearned premium reserve provided for under 33-2-517 .
(4) A title plant and equipment may not be allowed as an asset in any determination of the insurer's financial condition at a value greater than actual cost.

Legislative History

En. Sec. 417, Ch. 286, L. 1959; R.C.M. 1947, 40-4603; Sec. 33-25-101 , MCA 1983; redes. 33-25-211 by Code Commissioner, 1985; amd. Sec. 47, Ch. 304, L. 1999.