Montana § 33-28-205 Exemption From Compulsory Organizations

Montana Statutes

§ 33-28-205 — Exemption From Compulsory Organizations

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 28 CAPTIVE INSURANCE COMPANIES·Part 2 Operations

33-28-205 . Exemption from compulsory organizations. A captive insurance company may not join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this state, and a captive insurance company, its insureds, its parent, any affiliated company, or any member of an association may not receive any benefit from the plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company.

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33-28-205 . Exemption from compulsory organizations. A captive insurance company may not join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this state, and a captive insurance company, its insureds, its parent, any affiliated company, or any member of an association may not receive any benefit from the plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company.

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