Montana § 39-71-2115 Transfer Of Claim Liabilities -- Rules

Montana Statutes

§ 39-71-2115 — Transfer Of Claim Liabilities -- Rules

Montana § 39-71-2115

Title 39LABOR

Ch. 71WORKERS' COMPENSATION

Part 21Compensation Plan Number One

This text of Montana § 39-71-2115 (Transfer Of Claim Liabilities -- Rules) 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. § 39-71-2115 (2026).

Text

39-71-2115 . Transfer of claim liabilities -- rules.

(1)A current or former self-insurer or group may transfer existing workers' compensation claim liabilities to another entity upon authorization from the department and concurrence of the Montana self-insurers guaranty fund by:

(a)submitting an application on a form designated by the department;

(b)completing an agreement of assumption and guarantee of workers' compensation liabilities;

(c)submitting a loss portfolio transfer agreement; and

(d)posting a security deposit.

(2)If the assuming entity fails to meet the terms of the transfer agreement, liability reverts to the original self-insurer.

(3)The entity assuming liability for a claim shall comply with all reporting requirements set by the department.

(4)The department shall ad

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

39-71-2115 . Transfer of claim liabilities -- rules. (1) A current or former self-insurer or group may transfer existing workers' compensation claim liabilities to another entity upon authorization from the department and concurrence of the Montana self-insurers guaranty fund by:
(a) submitting an application on a form designated by the department;
(b) completing an agreement of assumption and guarantee of workers' compensation liabilities;
(c) submitting a loss portfolio transfer agreement; and
(d) posting a security deposit.
(2) If the assuming entity fails to meet the terms of the transfer agreement, liability reverts to the original self-insurer.
(3) The entity assuming liability for a claim shall comply with all reporting requirements set by the department.
(4) The department shall adopt rules to implement this section.