Montana § 39-71-325 Claim Summary And Actuarial Documentation For Impaired Insurer

Montana Statutes

§ 39-71-325 — Claim Summary And Actuarial Documentation For Impaired Insurer

Montana § 39-71-325

Title 39LABOR

Ch. 71WORKERS' COMPENSATION

Part 3Miscellaneous Provisions

This text of Montana § 39-71-325 (Claim Summary And Actuarial Documentation For Impaired Insurer) 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. § 39-71-325 (2026).

Text

39-71-325 . Claim summary and actuarial documentation for impaired insurer.

(1)An insurer becomes impaired if the insurer:

(a)becomes insolvent;

(b)is placed in receivership or administration;

(c)declares bankruptcy; or

(d)seeks protection from its creditors.

(2)An impaired insurer shall, within 30 days of the insurer becoming impaired, furnish the department with a claim summary and actuary information relevant to each claim for which the insurer may have future liability.

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39-71-325 . Claim summary and actuarial documentation for impaired insurer. (1) An insurer becomes impaired if the insurer:
(a) becomes insolvent;
(b) is placed in receivership or administration;
(c) declares bankruptcy; or
(d) seeks protection from its creditors.
(2) An impaired insurer shall, within 30 days of the insurer becoming impaired, furnish the department with a claim summary and actuary information relevant to each claim for which the insurer may have future liability.