2-9-306. Construction of policy conditions -- customary exclusions. Any insurance policy, rider, or endorsement issued and purchased after July 1, 1973, to insure against any risk which may arise as a result of the application of parts 1 through 3 of this chapter which contains any condition or provision not in compliance with the requirements of parts 1 through 3 shall not be rendered invalid thereby but shall be construed and applied in accordance with such conditions and provisions as would have applied had such policy, rider, or endorsement been in full compliance with parts 1 through 3, provided the policy is otherwise valid. This section may not be construed to prohibit any such insurance policy, rider, or endorsements from containing standard and customary exclusions of coverages that the department of administration considers reasonable and prudent upon considering the availability and the cost of such insurance coverages.
History: En. Sec. 8, Ch. 380, L. 1973; R.C.M. 1947, 82-4308; amd. Sec. 8, Ch. 184, L. 1979.
Structure Montana Code Annotated
Title 2. Government Structure and Administration
Chapter 9. Liability Exposure and Insurance Coverage
2-9-302. Time for filing -- limitation of actions
2-9-303. Compromise or settlement of claim against state
2-9-304. Compromise or settlement of claim against political subdivision
2-9-305. Immunization, defense, and indemnification of employees
2-9-306. Construction of policy conditions -- customary exclusions
2-9-307. through 2-9-310 reserved
2-9-311. Jurisdiction of district court -- rules of procedure
2-9-312. Renumbered 25-2-126 (1) and (3)
2-9-313. Service of process on state
2-9-314. Court approval of attorney fees
2-9-315. Recovery from appropriations if no insurance
2-9-316. Judgments against governmental entities
2-9-317. No interest if judgment paid within two years -- exception