Montana Statutes
§ 61-6-143 — Self-Insurers
Montana·Title 61 MOTOR VEHICLES·Ch. 6 RESPONSIBILITY OF VEHICLE USERS AND OWNERS·Part 1 Motor Vehicle Insurance Responsibility and Verification
61-6-143 . Self-insurers.
(1)Any person in whose name more than 25 motor vehicles are registered may qualify as a self-insurer by obtaining a certificate of self-insurance issued by the department as provided in subsection (2) of this section.
(2)The department may, in its discretion, upon the application of such a person, issue a certificate of self-insurance when it is satisfied that such person is possessed and will continue to be possessed of ability to pay judgments obtained against such person.
(3)Upon not less than 5 days' notice and a hearing pursuant to such notice, the department may upon reasonable grounds cancel a certificate of self-insurance. Failure to pay any judgment within 30 days after such judgment shall have become final shall constitute a reasonable ground for the
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Legislative History
En. Sec. 34, Ch. 204, L. 1951; R.C.M. 1947, 53-451; amd. Sec. 1, Ch. 503, L. 1985.
Nearby Sections
15
§ 61-6-101
Short Title§ 61-6-102
Definitions§ 61-6-104
Uniformity Of Interpretation§ 61-6-106
Repealed§ 61-6-107
Repealed§ 61-6-109
Exceptions§ 61-6-110
Other Relief Not Precluded§ 61-6-111
Repealed§ 61-6-112
Surrender Of License§ 61-6-114
Through 61-6-120 Reserved§ 61-6-121
Courts To Report Nonpayment Of Judgments