33-4-511. Insurance of schools, community houses, and churches. (1) A contract of insurance effected upon the property of any school district, rural community house, rural church, or rural public building pursuant to 33-4-501 does not constitute the school district or the owners of the community house, church, or public building a member of the insurer.
(2) A contract of insurance effected upon any rural school building, rural community house, rural church, or other rural public building referred to in 33-4-501(1)(d) is not invalid because the directors or any director or officer of the insurer at the time of effecting the insurance coverage was a trustee, director, insurance producer, custodian, or manager or in any way in control, supervision, or management of any or all of the property insured.
History: En. Sec. 513, Ch. 286, L. 1959; R.C.M. 1947, 40-4846; amd. Sec. 1, Ch. 713, L. 1989; amd. Sec. 144, Ch. 42, L. 1997.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 4. Farm Mutual Insurers
33-4-501. Insuring powers in general
33-4-502. Limit of risk -- retention of liability
33-4-504. Cash premium or assessment plans
33-4-505. Certificate of authority required -- issuance -- continuation -- fee
33-4-506. Members -- minimum membership
33-4-507. Withdrawal of member -- cancellation by insurer
33-4-508. Application for insurance
33-4-509. Application and policy forms filed with commissioner
33-4-510. Rates -- filing -- discrimination
33-4-511. Insurance of schools, community houses, and churches
33-4-512. through 33-4-520 reserved