Insurance of schools, community houses, and churches
(1) A contract of insurance effected upon the property of any school district, rural community house, rural church, or rural public building pursuant to 33-4-501 does not constitute the school district or the owners of the community house, church, or public building a member of the insurer.
(2) A contract of insurance effected upon any rural school building, rural community house, rural church, or other rural public building referred to in 33-4-501(1)(d) is not invalid because the directors or any director or officer of the insurer at the time of effecting the insurance coverage was a trustee, director, insurance producer, custodian, or manager or in any way in control, supervision, or management of any or all of the property insured.
| EnactedEn. SectionSec. 513, ChapterCh. 286, Laws ofL. 1959 |
| Revised Codes of MontanaR.C.M. 1947, 40-4846 |
| AmendedAmd. SectionSec. 1, ChapterCh. 713, Laws ofL. 1989 |
| AmendedAmd. SectionSec. 144, ChapterCh. 42, Laws ofL. 1997 |