§ 33-2-501 Assets allowed
§ 33-2-502 Assets expressly not allowed
§ 33-2-503 Treatment of assets
§ 33-2-511 Liabilities chargeable against assets
§ 33-2-512 Unearned premium reserve for property, casualty, and surety
§ 33-2-513 Unearned premium reserve for marine and transportation insurance
§ 33-2-514 Reserve for disability insurance
§ 33-2-515 Repealed
§ 33-2-516 Inadequate reserves — increase required
§ 33-2-517 Title insurance reserves
§ 33-2-518 Loss and loss expense reserves for property and casualty insurance
§ 33-2-521 Renumbered 33-2-407
§ 33-2-522 Renumbered 33-2-408
§ 33-2-523 Renumbered 33-2-409
§ 33-2-524 Renumbered 33-2-410
§ 33-2-525 Renumbered 33-2-411
§ 33-2-526 Renumbered 33-2-412
§ 33-2-527 Renumbered 33-2-413
§ 33-2-528 Renumbered 33-2-414
§ 33-2-529 Renumbered 33-2-415
§ 33-2-530 reserved
§ 33-2-531 Renumbered 33-2-416
§ 33-2-532 Repealed
§ 33-2-533 Repealed
§ 33-2-534 Repealed
§ 33-2-535 Repealed
§ 33-2-536 Repealed
§ 33-2-537 Renumbered 33-2-417
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Terms Used In Montana Code > Title 33 > Chapter 2 > Part 5 - Assets and Liabilities -- Reserves

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Property: means real and personal property. See Montana Code 1-1-205
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Real property: means lands, tenements, hereditaments, and possessory title to public lands. See Montana Code 1-1-205
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • 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
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201