33-5-410. Distribution of savings. A reciprocal insurer may from time to time return to its subscribers any unused premiums, savings, or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks or policies or between subscribers, but this shall not prevent retrospective rating, distribution on a retrospective plan, or distribution varying as to classes of subscribers based on the experience of such subscribers.
History: En. Sec. 562, Ch. 286, L. 1959; R.C.M. 1947, 40-5025.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 5. Reciprocal Insurers
33-5-401. Surplus funds required
33-5-402. Contributions to insurer
33-5-403. Financial condition -- method of determining
33-5-404. Subscribers' liability
33-5-405. Subscribers' liability on judgment
33-5-407. Time limit for assessments
33-5-409. Nonassessable policies
33-5-410. Distribution of savings
33-5-411. Subscribers' share in assets