™Your Policy Risk Impact Agent
37 chapters · 1,713 sections in this title.
Mont. Code Ann. § 33-5-407 Time Limit For Assessments
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Every subscriber of a domestic reciprocal insurer having contingent liability must be liable for and shall pay the subscriber's share of any assessment, as computed and limited in accordance with this chapter, if: (1) while the subscriber's policy is in force or within 1 year aft…
Mont. Code Ann. § 33-5-408 Aggregate Liability
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No one policy or subscriber as to such policy shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one calendar year in excess of the amount provided for in the power of attorney or in the subscr…
Mont. Code Ann. § 33-5-409 Nonassessable Policies
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(1) If a reciprocal insurer has a surplus of assets over all liabilities at least equal to the minimum capital stock required of a domestic stock insurer authorized to transact similar kinds of insurance, upon application of the attorney and as approved by the subscribers' adviso…
Mont. Code Ann. § 33-5-410 Distribution Of Savings
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A reciprocal insurer may from time to time return to its subscribers any unused premiums, savings, or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks or policies or between subscribers, but this shall not prevent …