33-27-115. Composition of independent liability fund. The money, assets, and investments contributed to an independent liability fund must meet the criteria established for investments by an insurance company in chapter 12 and must be valued as those assets and investments would be valued.
History: En. Sec. 8, Ch. 564, L. 1987; amd. Sec. 48, Ch. 304, L. 1999.
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