Montana § 33-3-434 Directors' Liability For Losses During Deficiency

Montana Statutes

§ 33-3-434 — Directors' Liability For Losses During Deficiency

Montana § 33-3-434

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 3DOMESTIC STOCK AND MUTUAL INSURERS

Part 4Finance

This text of Montana § 33-3-434 (Directors' Liability For Losses During Deficiency) 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. § 33-3-434 (2026).

Text

33-3-434 . Directors' liability for losses during deficiency. The directors of the insurer shall be individually liable as to losses incurred under policies issued by the insurer after expiration of the period provided in 33-3-432 for curing any deficiency of the insurer's capital stock or surplus and prior to the curing of the deficiency.

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