39-71-2313. State compensation insurance fund created -- obligation to insure. (1) There is a state compensation insurance fund known as the state fund that is a nonprofit, independent public corporation established for the purpose of allowing an option for employers to insure their liability for workers' compensation and occupational disease coverage under this chapter.
(2) The state fund is required to insure any employer in this state who requests coverage, and it may not refuse to provide coverage unless an employer or the employer's principals have defaulted on a state fund obligation and the default remains unsatisfied.
History: En. Sec. 4, Ch. 613, L. 1989; amd. Sec. 8, Ch. 4, Sp. L. May 1990; amd. Sec. 14, Ch. 630, L. 1993; amd. Sec. 2, Ch. 305, L. 1995.
Structure Montana Code Annotated
Chapter 71. Workers' Compensation
Part 23. Compensation Plan Number Three
39-71-2303. Renumbered 39-71-2336
39-71-2307. Renumbered 39-71-2339
39-71-2308. Renumbered 39-71-2340
39-71-2311. Intent and purpose of plan -- expense constant defined
39-71-2313. State compensation insurance fund created -- obligation to insure
39-71-2315. Management of state fund -- powers and duties of board -- business plan required
39-71-2316. Powers of state fund
39-71-2317. Appointment of executive director -- management staff
39-71-2318. Personal liability excluded
39-71-2319. Assets and liabilities of prior state fund
39-71-2320. Property of state fund -- investment required -- exception
39-71-2321. What to be deposited in state fund
39-71-2322. Money in state fund held in trust -- disposition of funds upon repeal of chapter
39-71-2323. Surplus in state fund -- payment of dividends
39-71-2325. State fund to keep accounts of segregations
39-71-2327. Earnings of state fund to be credited to fund -- improper use a felony
39-71-2330. Rate setting -- surplus -- multiple rating tiers
39-71-2331. Workplace safety program
39-71-2332. Pooled risk safety group
39-71-2333. through 39-71-2335 reserved
39-71-2336. Manner of electing -- contract or policy of insurance -- payment of premium
39-71-2337. State fund to submit notice of coverage within 30 days -- penalty for failure
39-71-2339. Cancellation of coverage -- 20-day notice required
39-71-2340. Collection in case of default
39-71-2342. through 39-71-2350 reserved
39-71-2356. Mutually agreeable lump-sum settlements
39-71-2357. through 39-71-2360 reserved
39-71-2361. Legislative audit of state fund
39-71-2363. Agency law -- annual report
39-71-2364. through 39-71-2369 reserved
39-71-2370. Claims expenditures codes