33-2-503. Treatment of assets. Assets may be allowed as deductions from corresponding liabilities, liabilities may be charged as deductions from assets, and deductions from assets may be charged as liabilities, in accordance with the form of annual statement applicable to the insurer as prescribed by the commissioner.
History: En. Sec. 83, Ch. 286, L. 1959; R.C.M. 1947, 40-3002; amd. Sec. 1085, Ch. 56, L. 2009.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 2. Regulation of Insurance Companies
Part 5. Assets and Liabilities -- Reserves
33-2-502. Assets expressly not allowed
33-2-504. through 33-2-510 reserved
33-2-511. Liabilities chargeable against assets
33-2-512. Unearned premium reserve for property, casualty, and surety
33-2-513. Unearned premium reserve for marine and transportation insurance
33-2-514. Reserve for disability insurance
33-2-516. Inadequate reserves -- increase required
33-2-517. Title insurance reserves
33-2-518. Loss and loss expense reserves for property and casualty insurance