§ 33-4-401 Surplus funds required
§ 33-4-402 Members’ liability — limitation
§ 33-4-403 Investments
§ 33-4-404 Repealed
§ 33-4-405 Repealed
§ 33-4-406 Reserves — cash premium plan
§ 33-4-407 Profits or dividends
§ 33-4-408 Deficiency of surplus
§ 33-4-409 Repealed
§ 33-4-410 Losses — notice — adjustment
§ 33-4-411 Arbitration — committee — compensation
§ 33-4-412 Obligations or assessments due — losses payable
§ 33-4-413 Suit to collect obligations — liability of directors or officers
§ 33-4-414 Proportionate payment of losses
§ 33-4-415 Suit to collect for loss
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Terms Used In Montana Code > Title 33 > Chapter 4 > Part 4 - Finance

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • 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
  • Willfully: when applied to the intent with which an act is done or omitted, means a purpose or willingness to commit the act or make the omission referred to. See Montana Code 1-1-204
  • Writing: includes printing. See Montana Code 1-1-203