1. MCA Contents
  2. TITLE 33
  3. CHAPTER 2
  4. Part 3
  5. 33-2-304 Surplus lines insurance valid

Montana Code Annotated 2023

TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 2. REGULATION OF INSURANCE COMPANIES

Part 3. Authorization of Surplus Lines Insurers, Insurance Producers, and Insurance

Surplus Lines Insurance Valid

33-2-304. Surplus lines insurance valid. Insurance contracts procured as surplus lines insurance from unauthorized insurers in accordance with this law shall be fully valid and enforceable as to all parties and shall be given acceptance and recognition in all matters and respects to the same effect as like contracts issued by authorized insurers.

History: En. Sec. 188, Ch. 286, L. 1959; R.C.M. 1947, 40-3413; amd. Sec. 5, Ch. 537, L. 1987.