33-12-211. Policy loans. A life insurer may lend to a policyholder, on the security of the cash surrender value of the policyholder's policy, a sum not exceeding the legal reserve that the insurer is required to maintain on the policy.
History: En. Sec. 23, Ch. 304, L. 1999.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 12. Insurer Investments
Part 2. Life and Health Insurers
33-12-203. Rated credit instruments
33-12-204. Insurer investment pools
33-12-206. Tangible personal property under lease
33-12-208. Securities lending, repurchase, reverse repurchase, and dollar roll transactions
33-12-209. Foreign investments and foreign currency exposure