Montana Code Annotated 1995

MCA ContentsSearchPart Contents


     33-2-516. Inadequate reserves -- increase required. If loss experience shows that an insurer's loss reserves, however computed or estimated, are inadequate, the commissioner shall require the insurer to maintain loss reserves in such increased amount as is needed to make them adequate.

     History: En. Sec. 90, Ch. 286, L. 1959; R.C.M. 1947, 40-3009.

Previous SectionHelpNext Section
Provided by Montana Legislative Services