33-2-607. Appraisal. The commissioner may, prior to acceptance for deposit of any particular asset or security or at any later time while deposited, have the asset or security appraised or valued by competent appraisers. The reasonable costs of any appraisal or valuation must be borne by the insurer.
History: En. Sec. 139, Ch. 286, L. 1959; R.C.M. 1947, 40-3208; amd. Sec. 1088, Ch. 56, L. 2009.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 2. Regulation of Insurance Companies
33-2-601. Authorized deposits of insurers
33-2-603. Securities eligible for deposit
33-2-604. Depositary or custodian
33-2-605. Record of deposits -- liability of commissioner and state
33-2-606. Assignment or conveyance of assets or securities
33-2-608. Rights of insurer during solvency
33-2-611. Deficiency of deposit -- revocation of certificate