Montana § 39-71-2603 Definitions

Montana Statutes

§ 39-71-2603 — Definitions

Montana § 39-71-2603

Title 39LABOR

Ch. 71WORKERS' COMPENSATION

Part 26Self-Insurers Guaranty Fund

This text of Montana § 39-71-2603 (Definitions) 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. § 39-71-2603 (2026).

Text

39-71-2603 . Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:

(1)"Board" means the board of directors of the Montana self-insurers guaranty fund.

(2)"Fund" means the Montana self-insurers guaranty fund established pursuant to 39-71-2609 .

(3)"Insolvent private self-insurer" means an employer:

(a)(i) that is unable to pay workers' compensation claims because:

(A)it has been determined to be insolvent by a court of competent jurisdiction; or

(B)bankruptcy proceedings have been instituted by or against it; or

(ii)whose claims are not being paid on its behalf; and

(b)whose security has been exhausted pursuant to 39-71-2108 .

(4)"Member" means an employer bound by compensation plan No. 1 that participates in the Montana self-ins

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39-71-2603 . Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:
(1) "Board" means the board of directors of the Montana self-insurers guaranty fund.
(2) "Fund" means the Montana self-insurers guaranty fund established pursuant to 39-71-2609 .
(3) "Insolvent private self-insurer" means an employer:
(a) (i) that is unable to pay workers' compensation claims because:
(A) it has been determined to be insolvent by a court of competent jurisdiction; or
(B) bankruptcy proceedings have been instituted by or against it; or
(ii) whose claims are not being paid on its behalf; and
(b) whose security has been exhausted pursuant to 39-71-2108 .
(4) "Member" means an employer bound by compensation plan No. 1 that participates in the Montana self-insurers guaranty fund.
(5) "Private self-insurer" means a private employer bound by compensation plan No. 1 that has secured the payment of workers' compensation claims pursuant to 39-71-2101 .