33-28-304. Participants in protected cell captive insurance companies, MCA
  1. MCA Contents
  2. TITLE 33
  3. CHAPTER 28
  4. Part 3
  5. 33-28-304 Participants in protected cell captive insurance companies

Montana Code Annotated 2017

TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 28. CAPTIVE INSURANCE COMPANIES

Part 3. Protected Cell Captive Insurance Companies

Participants In Protected Cell Captive Insurance Companies

33-28-304. Participants in protected cell captive insurance companies. (1) An individual or business entity may be a participant in a protected cell captive insurance company.

(2) A sponsor may be a participant in a protected cell captive insurance company.

(3) A participant is not required to be a shareholder of a protected cell captive insurance company or its affiliate.

History: En. Sec. 4, Ch. 383, L. 2003; amd. Sec. 18, Ch. 518, L. 2007; amd. Sec. 8, Ch. 75, L. 2011.