Montana Statutes
§ 33-5-502 — Certificate Of Authority
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 5 RECIPROCAL INSURERS·Part 5 Insurance Operations
33-5-502 . Certificate of authority.
(1)The certificate of authority of a reciprocal insurer shall be issued to its attorney in the name of the insurer.
(2)The commissioner may refuse, suspend, or revoke the certificate of authority, in addition to other grounds therefor, for failure of the attorney to comply with any provision of this code.
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Legislative History
En. Sec. 546, Ch. 286, L. 1959; R.C.M. 1947, 40-5009.
Nearby Sections
15
§ 33-5-101
Scope Of Chapter -- Existing Insurers§ 33-5-102
Definitions§ 33-5-103
Name -- Suits§ 33-5-104
Attorney -- Not Doing Business§ 33-5-201
Organization Of Reciprocal Insurer§ 33-5-202
Merger Or Conversion§ 33-5-301
Power Of Attorney§ 33-5-302
Modifications§ 33-5-303
Attorney's Bond§ 33-5-304
Action On Bond§ 33-5-401
Surplus Funds Required§ 33-5-402
Contributions To Insurer§ 33-5-404
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