Montana § 33-2-602 - Purpose Of Deposit
Full text of Montana Montana Code Annotated § 33-2-602 — Purpose Of Deposit, with citation guidance and answers to common questions.
§ 33-2-602. Purpose Of Deposit
Purpose of deposit. Such deposits shall be held for purposes as follows: (1) Deposits made in this state under 33-2-111 shall be held for the purpose stated in such section. (2) A deposit made in this state by a domestic insurer transacting insurance in another state, province, or country and as required by the laws of such other state, province, or country shall be held for the protection of all the insurer's policyholders or all its policyholders and creditors or for such other purpose or purposes as may be specified pursuant to such laws. (3) Deposits of reserves made by domestic life insurers under 33-2-416 shall be held for the common benefit of all the holders of its life insurance policies and annuity contracts. (4) Deposits required pursuant to the retaliatory law, 33-2-709 , shall be held for such purposes as is required by such law and as specified by the commissioner's order requiring such deposit to be made.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-2-602
What does Montana Code Annotated § 33-2-602 cover?
Section 33-2-602 ("Purpose Of Deposit") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 33-2-602?
A common citation format is "Montana Code Annotated § 33-2-602" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 33-2-602 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.