Montana Statutes
§ 33-28-304 — Participants In Protected Cell Captive Insurance Companies
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 28 CAPTIVE INSURANCE COMPANIES·Part 3 Protected Cell Captive Insurance Companies
33-28-304 . Participants in protected cell captive insurance companies.
(1)An individual or business entity may be a participant in a protected cell captive insurance company.
(2)A sponsor may be a participant in a protected cell captive insurance company.
(3)A participant is not required to be a shareholder of a protected cell captive insurance company or its affiliate.
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Legislative History
En. Sec. 4, Ch. 383, L. 2003; amd. Sec. 18, Ch. 518, L. 2007; amd. Sec. 8, Ch. 75, L. 2011.
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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