Mont. Code § 33-2-516

Current through the 2023 Regular Session
Section 33-2-516 - Inadequate reserves - increase required

If loss experience shows that an insurer's loss reserves, however computed or estimated, are inadequate, the commissioner shall require the insurer to maintain loss reserves in such increased amount as is needed to make them adequate.

§ 33-2-516, MCA

En. Sec. 90, Ch. 286, L. 1959; R.C.M. 1947, 40-3009.