1. MCA Contents
  2. TITLE 33
  3. CHAPTER 26
  4. Part 1
  5. 33-26-105 Surety companies not permitted to furnish bonds where indemnity required

Montana Code Annotated 2023

TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 26. SURETYSHIP

Part 1. Surety Insurance

Surety Companies Not Permitted To Furnish Bonds Where Indemnity Required

33-26-105. Surety companies not permitted to furnish bonds where indemnity required. No foreign or other surety company shall be permitted to furnish the bond for any state, county, or city official, where such company requires in addition to the payment of reasonable premiums any indemnity or other security.

History: En. Sec. 1, Ch. 6, L. 1911; re-en. Sec. 6234, R.C.M. 1921; re-en. Sec. 6234, R.C.M. 1935; R.C.M. 1947, 40-1725.