Creation of the association
There is created a nonprofit unincorporated legal entity to be known as the Montana insurance guaranty association. All insurers defined as member insurers shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved under 33-10-106 and shall exercise its powers through a board of directors established under 33-10-104.
| EnactedEn. SectionSec. 6, ChapterCh. 63, Laws ofL. 1971 |
| Revised Codes of MontanaR.C.M. 1947, 40-5706. |