33-28-110. Excess workers' compensation insurance -- reinsurance of self-insured plans. (1) A captive insurance company may provide excess workers' compensation insurance to its parent and affiliated companies, unless the laws of the state having jurisdiction over the transaction prohibit providing the insurance.
(2) A captive insurance company may reinsure workers' compensation of a qualified self-insured plan of its parent and affiliated companies.
History: En. Sec. 5, Ch. 383, L. 2003; Sec. 33-28-305, MCA 2005; redes. 33-28-110 by Sec. 21(1), Ch. 518, L. 2007.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 28. Captive Insurance Companies
Part 1. General Provisions and Licensing
33-28-102. Certificates of authority -- lines of business -- definition
33-28-103. Names of captive insurance companies
33-28-104. Minimum capital surplus -- letter of credit
33-28-105. Formation of captive insurance companies
33-28-107. Reports and statements
33-28-108. Examinations and investigations
33-28-109. Suspension or revocation of certificate of authority
33-28-110. Excess workers' compensation insurance -- reinsurance of self-insured plans
33-28-112. through 33-28-119 reserved
33-28-120. Captive insurance regulatory and supervision account