Montana § 33-7-531 Foreign Or Alien Society -- Admission

Montana Statutes

§ 33-7-531 — Foreign Or Alien Society -- Admission

Montana § 33-7-531

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 7FRATERNAL BENEFIT SOCIETIES

Part 5Insurance Operations

This text of Montana § 33-7-531 (Foreign Or Alien Society -- Admission) 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. § 33-7-531 (2026).

Text

33-7-531 . Foreign or alien society -- admission.

(1)A foreign or alien society may not transact business in this state without a license issued by the commissioner of insurance. A foreign or alien society desiring admission to this state shall comply substantially with the requirements and limitations of this chapter applicable to domestic societies. A society may be licensed to transact business in this state upon filing with the commissioner:

(a)a certified copy of its articles of incorporation;

(b)a copy of its bylaws, certified by its secretary or corresponding officer;

(c)a statement of its business, under oath of its president and secretary or corresponding officers, in a form prescribed by the commissioner, verified by an examination made by the supervising insurance official o

Free access — add to your briefcase to read the full text and ask questions with AI

33-7-531 . Foreign or alien society -- admission. (1) A foreign or alien society may not transact business in this state without a license issued by the commissioner of insurance. A foreign or alien society desiring admission to this state shall comply substantially with the requirements and limitations of this chapter applicable to domestic societies. A society may be licensed to transact business in this state upon filing with the commissioner:
(a) a certified copy of its articles of incorporation;
(b) a copy of its bylaws, certified by its secretary or corresponding officer;
(c) a statement of its business, under oath of its president and secretary or corresponding officers, in a form prescribed by the commissioner, verified by an examination made by the supervising insurance official of its home state or other state, district, territory, province, or country satisfactory to the commissioner of this state;
(d) certification from the proper official of its home state, district, territory, province, or country that the society is legally incorporated and licensed to transact business in that jurisdiction;
(e) copies of its certificate forms; and
(f) other information the commissioner considers necessary.
(2) A foreign or alien society applying for authority to transact business in this state must have the qualifications required of domestic societies organized under this chapter.