33-2-610. Levy upon deposit. No judgment creditor or other claimant of an insurer shall have the right to levy upon any of the assets or securities held in this state as a deposit for the protection of the insurer's policyholders or policyholders and creditors. As to deposits pursuant to the retaliatory law, 33-2-709, levy thereupon shall be permitted if so provided in the commissioner's order under which the deposit is made.
History: En. Sec. 142, Ch. 286, L. 1959; R.C.M. 1947, 40-3211.
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