Montana Statutes
§ 33-4-506 — Members -- Minimum Membership
Montana § 33-4-506
JurisdictionMontana
Title 33INSURANCE AND INSURANCE COMPANIES
Ch. 4FARM MUTUAL INSURERS
Part 5Insurance Operations
This text of Montana § 33-4-506 (Members -- Minimum Membership) 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. § 33-4-506 (2026).
Text
33-4-506 . Members -- minimum membership.
(1)A person may not become a member of a farm mutual insurer except by insuring property owned by the person insurable under this chapter.
(2)The membership of an insurer consists of the persons lawfully insuring in the insurer.
(3)The total membership of the insurer must at all times be not less than the number of persons required by 33-4-201 to incorporate an insurer.
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Legislative History
En. Sec. 487, Ch. 286, L. 1959; R.C.M. 1947, 40-4820; amd. Sec. 1153, Ch. 56, L. 2009.
Nearby Sections
15
§ 33-4-102
Definitions§ 33-4-103
Corporate Powers In General§ 33-4-201
Eligible Incorporators§ 33-4-205
Certified Copies Of Articles As Evidence§ 33-4-206
Initial Qualifications§ 33-4-301
Bylaws -- Adoption -- Power To Amend§ 33-4-302
Bylaws -- Contents§ 33-4-303
Bylaws Binding Upon Members§ 33-4-304
Annual Meetings Of Members -- Where Held§ 33-4-306
Adjourned Annual Meetings -- NoticeCite This Page — Counsel Stack
Bluebook (online)
Montana § 33-4-506, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/4/33-4-506.