Montana § 33-2-606 - Assignment Or Conveyance Of Assets Or Securities
Full text of Montana Montana Code Annotated § 33-2-606 — Assignment Or Conveyance Of Assets Or Securities, with citation guidance and answers to common questions.
§ 33-2-606. Assignment Or Conveyance Of Assets Or Securities
Assignment or conveyance of assets or securities. All securities not negotiable by delivery and deposited under this code must be duly assigned to the commissioner. In the case of securities held under custodial arrangements outside this state pursuant to 33-2-604 (2), the custodian's receipt for the securities must be delivered, if negotiable, or assigned to the commissioner if legal title to the securities is vested in the commissioner. The insurer shall transfer or convey to the commissioner all other assets deposited. Upon release to the insurer of any asset or security, the commissioner shall reassign or transfer or reconvey the asset or security to the insurer.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-2-606
What does Montana Code Annotated § 33-2-606 cover?
Section 33-2-606 ("Assignment Or Conveyance Of Assets Or Securities") 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 § 33-2-606?
A common citation format is "Montana Code Annotated § 33-2-606" (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 § 33-2-606 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.