33-16-301. Insurers authorized to act in concert. Subject to and in compliance with the provisions of this chapter authorizing insurers to be members or subscribers of rating or advisory organizations or to engage in joint underwriting or joint reinsurance, two or more insurers may act in concert with each other and with others with respect to any matters pertaining to the making of rates or rating systems, the preparation or making of insurance policy or bond forms, underwriting rules, surveys, inspections and investigations, the furnishing of loss or expense statistics or other information and data, or carrying on of research.
History: En. Sec. 8, Ch. 362, L. 1969; R.C.M. 1947, 40-3641.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 16. Rates -- Rating and Advisory Organizations
Part 3. Insurers Acting in Concert
33-16-301. Insurers authorized to act in concert
33-16-302. Insurers with common ownership or cosureties on bond -- acting in concert
33-16-306. Joint underwriters and reinsurers -- compliance
33-16-307. Joint underwriting and joint reinsurance -- application -- restrictions on operations
33-16-308. Advisory organizations -- application -- requisites -- restrictions on operations