Montana § 32-3-610 - Liability Insurance For Officers

Full text of Montana Montana Code Annotated § 32-3-610 — Liability Insurance For Officers, with citation guidance and answers to common questions.

§ 32-3-610. Liability Insurance For Officers

Liability insurance for officers. A credit union may purchase and maintain insurance on behalf of any person who is or was a director, officer, employee, or agent of the credit union or who is or was serving at the request of the credit union as a director, officer, employee, or agent of another corporation, partnership, joint venture, trust, or other enterprise against any liability asserted against such person and incurred by such person in any such capacity or arising out of such person's status as such, whether or not the credit union would have the power to indemnify such person against such liability.

Source: official Montana text · Last verified 2026-08-27

Frequently Asked Questions About Montana § 32-3-610

What does Montana Code Annotated § 32-3-610 cover?

Section 32-3-610 ("Liability Insurance For Officers") 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 § 32-3-610?

A common citation format is "Montana Code Annotated § 32-3-610" (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 § 32-3-610 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.