Montana § 33-15-307 - Underwriters' And Combination Policies
Full text of Montana Montana Code Annotated § 33-15-307 — Underwriters' And Combination Policies, with citation guidance and answers to common questions.
§ 33-15-307. Underwriters' And Combination Policies
Underwriters' and combination policies. (1) Two or more authorized insurers may jointly issue and shall be jointly and severally liable on an underwriters' policy bearing their names. Any one insurer may issue policies in the name of an underwriter's department, and such policy shall plainly show the true name of the insurer. (2) Two or more insurers may, with the approval of the commissioner, issue a combination policy which shall contain provisions substantially as follows: (a) that the insurers executing the policy shall be severally liable for the full amount of any loss or damage, according to the terms of the policy, or for specified percentages or amounts thereof, aggregating the full amount of insurance under the policy; and (b) that service of process or of any notice or proof of loss required by such policy, upon any of the insurers executing the policy, shall constitute service upon all such insurers. (3) This section shall not apply to cosurety obligations.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-15-307
What does Montana Code Annotated § 33-15-307 cover?
Section 33-15-307 ("Underwriters' And Combination Policies") 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 § 33-15-307?
A common citation format is "Montana Code Annotated § 33-15-307" (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 § 33-15-307 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.