Montana Statutes

§ 33-26-105 — Surety Companies Not Permitted To Furnish Bonds Where Indemnity Required

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 26 SURETYSHIP·Part 1 Surety Insurance
33-26-105 . Surety companies not permitted to furnish bonds where indemnity required. No foreign or other surety company shall be permitted to furnish the bond for any state, county, or city official, where such company requires in addition to the payment of reasonable premiums any indemnity or other security.

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Legislative History

En. Sec. 1, Ch. 6, L. 1911; re-en. Sec. 6234, R.C.M. 1921; re-en. Sec. 6234, R.C.M. 1935; R.C.M. 1947, 40-1725.

Nearby Sections

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