Montana § 2-9-604 Proration Of Bond Premiums

Montana Statutes

§ 2-9-604 — Proration Of Bond Premiums

Montana § 2-9-604

Title 2GOVERNMENT STRUCTURE AND ADMINISTRATION

Ch. 9LIABILITY EXPOSURE AND INSURANCE COVERAGE

Part 6Bonds of State Officers and Employees

This text of Montana § 2-9-604 (Proration Of Bond Premiums) 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. § 2-9-604 (2026).

Text

2-9-604 . Proration of bond premiums.

(1)The department of administration shall prorate the premiums for bonds covering more than one state agency or institution among the state agencies and institutions whose officers and employees are covered. Such proration shall be based on the risk of bonding the officers and employees of each agency or institution.

(2)The department of administration shall order payment of the prorated amount from moneys which are available to such agencies or institutions for the payment of general administrative expenses.

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2-9-604 . Proration of bond premiums. (1) The department of administration shall prorate the premiums for bonds covering more than one state agency or institution among the state agencies and institutions whose officers and employees are covered. Such proration shall be based on the risk of bonding the officers and employees of each agency or institution.
(2) The department of administration shall order payment of the prorated amount from moneys which are available to such agencies or institutions for the payment of general administrative expenses.