Montana Statutes
§ 33-3-435 — Stock Transfer During Impairment Of Capital
Montana § 33-3-435
JurisdictionMontana
Title 33INSURANCE AND INSURANCE COMPANIES
Ch. 3DOMESTIC STOCK AND MUTUAL INSURERS
Part 4Finance
This text of Montana § 33-3-435 (Stock Transfer During Impairment Of Capital) 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. § 33-3-435 (2026).
Text
33-3-435 . Stock transfer during impairment of capital. Any transfer of the stock of a domestic insurer made during the existence of any impairment of such insurer's capital does not release the stockholder making the transfer from any liability as a stockholder of such insurer which accrued prior to such transfer.
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Legislative History
En. Sec. 459, Ch. 286, L. 1959; R.C.M. 1947, 40-4742.
Nearby Sections
15
§ 33-3-101
Scope Of Chapter§ 33-3-102
Definitions§ 33-3-201
Incorporation§ 33-3-202
Articles Of Incorporation -- Approval§ 33-3-205
Formation Of Mutual Insurer -- Bond§ 33-3-209
Through 33-3-214 Reserved§ 33-3-215
Mutualization Of Stock InsurerCite This Page — Counsel Stack
Bluebook (online)
Montana § 33-3-435, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/3/33-3-435.