33-27-111. Right to establish independent liability fund. A small business operating in the state may establish an independent liability fund to provide for defense, settlement, or payment of any liability claims against it by a third party.
History: En. Sec. 4, Ch. 564, L. 1987.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 27. Independent Liability Fund
33-27-105. through 33-27-110 reserved
33-27-111. Right to establish independent liability fund
33-27-112. Establishment of independent liability fund
33-27-113. Additions to independent liability fund
33-27-114. Limit on the amount of fund
33-27-115. Composition of independent liability fund
33-27-116. Inviolability of fund
33-27-118. Taxation of independent liability fund contributions