Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 28. Captive Insurance Companies

Part 1. General Provisions and Licensing

33-28-101. Definitions - 33-28-101. Definitions. As used in this chapter, unless the context...

33-28-102. Certificates of authority -- lines of business -- definition - 33-28-102. Certificates of authority -- lines of business -- definition....

33-28-103. Names of captive insurance companies - 33-28-103. Names of captive insurance companies. A captive insurance company...

33-28-104. Minimum capital surplus -- letter of credit - 33-28-104. Minimum capital surplus -- letter of credit. (1) A...

33-28-105. Formation of captive insurance companies - 33-28-105. Formation of captive insurance companies. (1) A captive insurance...

33-28-106. Dividends - 33-28-106. Dividends. (1) A captive insurance company may not pay...

33-28-107. Reports and statements - 33-28-107. Reports and statements. (1) A captive insurance company is...

33-28-108. Examinations and investigations - 33-28-108. Examinations and investigations. (1) (a) Except for captive risk...

33-28-109. Suspension or revocation of certificate of authority - 33-28-109. Suspension or revocation of certificate of authority. (1) The...

33-28-110. Excess workers' compensation insurance -- reinsurance of self-insured plans - 33-28-110. Excess workers' compensation insurance -- reinsurance of self-insured plans....

33-28-111. Captive mergers - 33-28-111. Captive mergers. (1) A merger between captive stock insurers...

33-28-112. through 33-28-119 reserved - 33-28-112 through 33-28-119 reserved.

33-28-120. Captive insurance regulatory and supervision account - 33-28-120. Captive insurance regulatory and supervision account. (1) There is...

Part 2. Operations

33-28-201. Tax on premiums collected - 33-28-201. Tax on premiums collected. (1) (a) Each captive insurance...

33-28-202. Legal investments - 33-28-202. Legal investments. (1) (a) An industrial insured captive insurance...

33-28-203. Reinsurance - 33-28-203. Reinsurance. (1) Subject to the prior approval of the...

33-28-204. Rating organizations - 33-28-204. Rating organizations. A captive insurance company is not required...

33-28-205. Exemption from compulsory organizations - 33-28-205. Exemption from compulsory organizations. A captive insurance company may...

33-28-206. Rules - 33-28-206. Rules. The commissioner may adopt rules necessary to implement...

33-28-207. Applicable laws - 33-28-207. Applicable laws. (1) The following apply to captive insurance...

Part 3. Protected Cell Captive Insurance Companies

33-28-301. Protected cell captive insurance company - 33-28-301. Protected cell captive insurance company. (1) One or more...

33-28-302. Qualification of sponsors - 33-28-302. Qualification of sponsors. A sponsor of a protected cell...

33-28-303. Delinquency of protected cell captive insurance company - 33-28-303. Delinquency of protected cell captive insurance company. If delinquency...

33-28-304. Participants in protected cell captive insurance companies - 33-28-304. Participants in protected cell captive insurance companies. (1) An...

33-28-305. Renumbered 33-28-110 - 33-28-305. Renumbered 33-28-110. Sec. 21(1), Ch. 518, L. 2007.

33-28-306. Repealed - 33-28-306. Repealed. Sec. 11, Ch. 223, L. 2019. History: En....

33-28-307. through 33-28-309 reserved - 33-28-307 through 33-28-309 reserved.

33-28-310. Investments by protected cell captive insurance companies - 33-28-310. Investments by protected cell captive insurance companies. The assets...

Part 4. Dormant Captive Insurers

33-28-401. Dormant captive insurer - 33-28-401. Dormant captive insurer. (1) As used in this section,...