Montana Statutes
§ 33-3-602 — Conversion To Involuntary Liquidation
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 3 DOMESTIC STOCK AND MUTUAL INSURERS·Part 6 Dissolution and Liquidation
33-3-602 . Conversion to involuntary liquidation. An insurer may at any time during liquidation under Title 35, chapter 2, part 7, or Title 35, chapter 14, part 14, apply to the commissioner to have the liquidation continued under the commissioner's supervision. Upon receipt of the application, the commissioner shall apply to the court for liquidation under 33-2-1341 .
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Legislative History
En. Sec. 3, Ch. 389, L. 1987; amd. Sec. 190, Ch. 368, L. 1991; amd. Sec. 1147, Ch. 56, L. 2009; amd. Sec. 13, Ch. 151, L. 2017; amd. Sec. 234, Ch. 271, L. 2019.
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 Insurer