32-1-708. Limited application of insurance law — exemption. (1) Nothing in this part exempts a common trust fund or any fiduciary thereof from the requirements of Title 33 if such common trust fund or fiduciary is used for insurance purposes.

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Terms Used In Montana Code 32-1-708

  • Fiduciary: A trustee, executor, or administrator.

(2)The establishment and maintenance of common trust funds under this part are exempt from the provisions of Title 30, chapter 10.