™Your Policy Risk Impact Agent
37 chapters · 1,713 sections in this title.
Mont. Code Ann. § 33-11-104 Risk Retention Groups Not Chartered In This State
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A risk retention group chartered in a state other than this state and seeking to do business as a risk retention group in this state must observe and abide by the laws of this state as follows: (1) Before offering insurance in this state, a risk retention group shall submit to th…
Mont. Code Ann. § 33-11-105 Compulsory Associations
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(1) A risk retention group may not join or contribute financially to any insurance insolvency guaranty fund or similar mechanism in this state. In addition, a risk retention group or its insureds may not receive any benefit from any guaranty fund for claims arising out of the ope…
Mont. Code Ann. § 33-11-107 Purchasing Groups -- Exemption From Certain Laws Relating To Group Purchase Of Insurance
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A purchasing group meeting the criteria established under the provisions of the federal Liability Risk Retention Act of 1986 (15 U.S.C. 3901, et seq.) is exempt from any law of this state relating to the formation of groups for the purchase of insurance, prohibition of group purc…
Mont. Code Ann. § 33-11-108 Notice And Registration Requirements Of Purchasing Groups
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(1) A purchasing group that intends to do business in this state shall furnish notice to the commissioner that: (a) identifies the state where the group is domiciled and all other states in which the group intends to do business; (b) specifies the lines and classifications of lia…