Montana Statutes
§ 33-27-114 — Limit On The Amount Of Fund
Montana § 33-27-114
JurisdictionMontana
Title 33INSURANCE AND INSURANCE COMPANIES
Ch. 27INDEPENDENT LIABILITY FUND
Part 1General Provisions
This text of Montana § 33-27-114 (Limit On The Amount Of Fund) 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. § 33-27-114 (2026).
Text
33-27-114 . Limit on the amount of fund. The independent liability fund of any small business may not be greater than the larger of the following:
(1)the total of all legally required liability insurance; or
(2)five times the gross sales of the small business in its most recent fiscal year.
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Legislative History
En. Sec. 7, Ch. 564, L. 1987.
Nearby Sections
14
§ 33-27-101
Short Title§ 33-27-102
Purpose§ 33-27-103
Definitions§ 33-27-104
Rules§ 33-27-105
Through 33-27-110 Reserved§ 33-27-112
Establishment Of Independent Liability Fund§ 33-27-113
Additions To Independent Liability Fund§ 33-27-114
Limit On The Amount Of Fund§ 33-27-115
Composition Of Independent Liability Fund§ 33-27-116
Inviolability Of Fund§ 33-27-117
Deduction Of Costs§ 33-27-119
Termination Of Independent Liability FundCite This Page — Counsel Stack
Bluebook (online)
Montana § 33-27-114, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/27/33-27-114.