Montana Statutes
§ 33-28-110 — Excess Workers' Compensation Insurance -- Reinsurance Of Self-Insured Plans
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 28 CAPTIVE INSURANCE COMPANIES·Part 1 General Provisions and Licensing
33-28-110 . Excess workers' compensation insurance -- reinsurance of self-insured plans.
(1)A captive insurance company may provide excess workers' compensation insurance to its parent and affiliated companies, unless the laws of the state having jurisdiction over the transaction prohibit providing the insurance.
(2)A captive insurance company may reinsure workers' compensation of a qualified self-insured plan of its parent and affiliated companies.
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Legislative History
En. Sec. 5, Ch. 383, L. 2003; Sec. 33-28-305 , MCA 2005; redes. 33-28-110 by Sec. 21(1), Ch. 518, L. 2007.
Nearby Sections
15
§ 33-28-101
Definitions§ 33-28-103
Names Of Captive Insurance Companies§ 33-28-104
Minimum Capital Surplus -- Letter Of Credit§ 33-28-105
Formation Of Captive Insurance Companies§ 33-28-106
Dividends§ 33-28-107
Reports And Statements§ 33-28-108
Examinations And Investigations§ 33-28-111
Captive Mergers§ 33-28-112
Through 33-28-119 Reserved§ 33-28-201
Tax On Premiums Collected§ 33-28-202
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