Montana Statutes
§ 33-28-302 — Qualification Of Sponsors
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 28 CAPTIVE INSURANCE COMPANIES·Part 3 Protected Cell Captive Insurance Companies
33-28-302 . Qualification of sponsors. A sponsor of a protected cell captive insurance company must be an insurer authorized under the laws of any state, a reinsurer authorized under the laws of any state, a captive insurance company formed or authorized under this chapter, an insurance producer licensed under chapter 17 of this title and approved by the commissioner, or any other person approved by the commissioner.
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 33-28-302 (Qualification Of Sponsors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 2, Ch. 383, L. 2003; amd. Sec. 16, Ch. 518, L. 2007; amd. Sec. 7, Ch. 75, L. 2011; amd. Sec. 11, Ch. 335, L. 2015.
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
Legal Investments