Mont. Code § 33-2-608

Current through the 2023 Regular Session

Section 33-2-608 - Rights of insurer during solvency

So long as the insurer remains solvent and is in compliance with this code it may:

(1) demand, receive, sue for, and recover the income from the assets or securities deposited;

(2) exchange and substitute for the deposited assets or securities, or any part thereof, other eligible assets or securities of equivalent or greater value; and

(3) at any reasonable time inspect any such deposit.

§ 33-2-608, MCA

En. Sec. 140, Ch. 286, L. 1959; R.C.M. 1947, 40-3209.