Table of Contents
TITLE 33. INSURANCE AND INSURANCE COMPANIES
CHAPTER 5. RECIPROCAL INSURERS
Part 4. Finance
Current Version 2025, 2023, 2021, 2019, 2015, 2013, 2011, 2009, 2007, 2005, 2003, 2001, 1999, 1997, 1995
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33-5-401
33-5-402
33-5-403
33-5-404
33-5-405
33-5-406
33-5-407
33-5-408
33-5-409
33-5-410
33-5-411
33-5-412
33-5-413
Mont. Code Ann. § 33-5-407

Time limit for assessments

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 after its termination, the subscriber is notified by either the attorney or the commissioner of the intention to levy an assessment; or

(2) an order to show cause why a receiver, conservator, rehabilitator, or liquidator of the insurer should not be appointed is issued while the subscriber's policy is in force or within 1 year after its termination.

Official Annotations
History:
En. Sec. 559, Ch. 286, L. 1959
R.C.M. 1947, 40-5022
Amd. Sec. 1163, Ch. 56, L. 2009 (HB 37 - Campbell, Margarett (D) HD 31)
Source