Montana Code 33-2-122. Rights and duties of foreign insurer
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33-2-122. Rights and duties of foreign insurer. Except as otherwise provided in this chapter, a foreign insurer which has a certificate of authority under this chapter shall, until its certificate is revoked or withdrawn, enjoy the same but no greater rights and privileges as a domestic insurer and shall be subject to the same duties, restrictions, penalties, and liabilities imposed upon a domestic insurer of like character.
Terms Used In Montana Code 33-2-122
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.