Montana § 33-12-305 - Equity Interests
Full text of Montana Montana Code Annotated § 33-12-305 — Equity Interests, with citation guidance and answers to common questions.
§ 33-12-305. Equity Interests
Equity interests. (1) Subject to the limitations of 33-12-302 , an insurer may acquire equity interests in business entities organized under the laws of any domestic jurisdiction. (2) An insurer may not acquire an investment under this section if, as a result of and after giving effect to the investment, the aggregate amount of investments then held by the insurer under this section would exceed the greater of 25% of its admitted assets or 100% of its surplus as regards policyholders. (3) An insurer may not acquire under this section any investments that the insurer may acquire under 33-12-307 . (4) An insurer may not short sell equity investments unless the insurer covers the short sale by owning the equity investment or an unrestricted right to the equity instrument exercisable within 6 months of the short sale.
Frequently Asked Questions About Montana § 33-12-305
What does Montana Code Annotated § 33-12-305 cover?
Section 33-12-305 ("Equity Interests") 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 § 33-12-305?
A common citation format is "Montana Code Annotated § 33-12-305" (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 § 33-12-305 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.