Montana Code 33-10-113. Claims — notice
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33-10-113. Claims — notice. Notice of claims to the receiver or liquidator of the insolvent insurer shall be deemed notice to the association or its insurance producer, and a list of such claims shall be periodically submitted to the association or similar organization in another state by the receiver or liquidator.
Terms Used In Montana Code 33-10-113
- Association: means the Montana insurance guaranty association created under 33-10-103. See Montana Code 33-10-102
- Insolvent insurer: means an insurer:
(a)authorized to transact insurance in this state either at the time the policy was issued or when the insured event occurred; and
(b)against whom an order of liquidation has been entered with a finding of insolvency by a court of competent jurisdiction in the insurer's state of domicile. See Montana Code 33-10-102
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201