Montana § 33-12-311 - Additional Investment Authority
Full text of Montana Montana Code Annotated § 33-12-311 — Additional Investment Authority, with citation guidance and answers to common questions.
§ 33-12-311. Additional Investment Authority
Additional investment authority. (1) Under this section, an insurer may acquire investments, may engage in investment practices of any kind that are not specifically prohibited by this chapter, or may engage in investment practices without regard to any limitation in 33-12-302 through 33-12-309 . However, an insurer may not acquire an investment or engage in an investment practice under this section if, as a result of and after giving effect to the transaction, the aggregate amount of the investments then held by the insurer under this section would exceed the greater of: (a) its unrestricted surplus; or (b) the lesser of: (i) 10% of its admitted assets; or (ii) 50% of its surplus as regards policyholders. (2) An insurer may not acquire an investment or engage in an investment practice under subsection (1) if, as a result of and after giving effect to the transaction, the aggregate amount of all investments in any one person then held by the insurer under subsection (1) would exceed 5% of its admitted assets.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-12-311
What does Montana Code Annotated § 33-12-311 cover?
Section 33-12-311 ("Additional Investment Authority") 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 § 33-12-311?
A common citation format is "Montana Code Annotated § 33-12-311" (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 § 33-12-311 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.