33-2-206. Authority to execute trust agreement. An alien insurer using or proposing to use Montana as a state of entry to transact insurance in the United States, whether or not it is then authorized to transact insurance in this state, is authorized to make and execute any trust agreement required by this part.
History: En. Sec. 604, Ch. 286, L. 1959; R.C.M. 1947, 40-5206.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 2. Regulation of Insurance Companies
Part 2. State of Entry -- Trusteed Assets of Alien Insurers
33-2-202. Required deposit of assets
33-2-204. Purpose and duration
33-2-205. Trust agreement -- approval
33-2-206. Authority to execute trust agreement
33-2-207. Amendment of trust agreement
33-2-208. Withdrawal of approval
33-2-209. Title to trusteed assets
33-2-210. Assets kept separate
33-2-211. Statement of trustee
33-2-212. Examination of assets
33-2-213. Withdrawal of assets