Montana § 33-5-405 Subscribers' Liability On Judgment

Montana Statutes

§ 33-5-405 — Subscribers' Liability On Judgment

Montana § 33-5-405

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 5RECIPROCAL INSURERS

Part 4Finance

This text of Montana § 33-5-405 (Subscribers' Liability On Judgment) 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. § 33-5-405 (2026).

Text

33-5-405 . Subscribers' liability on judgment.

(1)An action may not lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for 30 days.

(2)Any judgment described in subsection (1) is binding upon each subscriber only in the proportion that the subscriber's interests may appear and in an amount not exceeding the subscriber's contingent liability, if any.

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33-5-405 . Subscribers' liability on judgment. (1) An action may not lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for 30 days.
(2) Any judgment described in subsection (1) is binding upon each subscriber only in the proportion that the subscriber's interests may appear and in an amount not exceeding the subscriber's contingent liability, if any.