Montana Code Annotated
Part 2. Life and Health Insurance Guaranty Associations
33-10-221. Nomination of liquidator by association -- notification given by liquidator

33-10-221. Nomination of liquidator by association -- notification given by liquidator. (1) The association may recommend an individual to serve as a special deputy to act for the commissioner and under the commissioner's supervision in the liquidation, rehabilitation, or supervision of any member insurer.
(2) The liquidator, rehabilitator, or supervisor of any impaired or insolvent insurer may notify all interested persons of the effect of this part.
History: En. 40-5811, 40-5813 by Secs. 11, 13, Ch. 245, L. 1974; R.C.M. 1947, 40-5811(4), 40-5813; amd. Sec. 140, Ch. 575, L. 1981; amd. Sec. 14, Ch. 195, L. 2003.

Structure Montana Code Annotated

Montana Code Annotated

Title 33. Insurance and Insurance Companies

Chapter 10. Insurance Guaranty Associations

Part 2. Life and Health Insurance Guaranty Associations

33-10-201. Short title, purpose, and construction

33-10-202. Definitions

33-10-203. Creation of association -- accounts -- supervision by commissioner

33-10-204. Board of directors -- commissioner approval -- compensation

33-10-205. Powers and duties of association

33-10-206. Records of meetings and negotiations

33-10-207. Immunity

33-10-208. Tax exemptions

33-10-209. Examination of the association -- annual report

33-10-210. Unfair trade practice -- notice to policyowners

33-10-211. through 33-10-214 reserved

33-10-215. Duties and powers of commissioner

33-10-216. Plan of operation -- delegation of powers provision

33-10-217. Prevention of insolvencies or impairments

33-10-218. Examination by commissioner -- cost

33-10-219. Repealed

33-10-220. Repealed

33-10-221. Nomination of liquidator by association -- notification given by liquidator

33-10-222. Stay of proceedings -- reopening default judgments

33-10-223. Assignment by beneficiaries -- subrogation

33-10-224. Coverage, limitations, and extent of liability

33-10-225. Association as creditor -- use of assets

33-10-226. Distribution of ownership rights -- distribution to shareholders

33-10-227. Assessments -- abatement -- basis for ratesetting

33-10-228. Repealed

33-10-229. Repealed

33-10-230. Tax -- writeoffs of certificates of contribution

33-10-231. through 33-10-234 reserved

33-10-235. Association election to continue reinsurance

33-10-236. Deposits paid to association