Montana § 33-4-401 Surplus Funds Required

Montana Statutes

§ 33-4-401 — Surplus Funds Required

Montana § 33-4-401

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 4FARM MUTUAL INSURERS

Part 4Finance

This text of Montana § 33-4-401 (Surplus Funds Required) 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. § 33-4-401 (2026).

Text

33-4-401 . Surplus funds required. A domestic farm mutual insurer is authorized to transact insurance if it is otherwise in compliance with the applicable provisions of this chapter and if it maintains surplus funds as follows:

(1)if a state mutual insurer or a county mutual insurer that has changed its status to that of a state mutual insurer pursuant to the provisions of 33-4-204 , surplus of not less than $200,000; or

(2)if a county mutual insurer, surplus of not less than $50,000.

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33-4-401 . Surplus funds required. A domestic farm mutual insurer is authorized to transact insurance if it is otherwise in compliance with the applicable provisions of this chapter and if it maintains surplus funds as follows:
(1) if a state mutual insurer or a county mutual insurer that has changed its status to that of a state mutual insurer pursuant to the provisions of 33-4-204 , surplus of not less than $200,000; or
(2) if a county mutual insurer, surplus of not less than $50,000.