Montana § 33-2-1211 - Bulk Reinsurance -- Stock Insurers
Full text of Montana Montana Code Annotated § 33-2-1211 — Bulk Reinsurance -- Stock Insurers, with citation guidance and answers to common questions.
§ 33-2-1211. Bulk Reinsurance -- Stock Insurers
Bulk reinsurance -- stock insurers. (1) A domestic stock insurer may reinsure all or substantially all of its insurance in force or a major class of insurance with another insurer by an agreement of bulk reinsurance, but the agreement may not become effective unless filed with the commissioner and approved by the commissioner in writing after a hearing on the agreement. (2) The commissioner shall approve an agreement within a reasonable time after filing unless the commissioner finds that it is inequitable to the stockholders of the domestic insurer or would substantially reduce the protection or service to its policyholders. If the commissioner does not approve the agreement, the commissioner shall notify the insurer in writing specifying the reasons for disapproval.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-2-1211
What does Montana Code Annotated § 33-2-1211 cover?
Section 33-2-1211 ("Bulk Reinsurance -- Stock Insurers") 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 § 33-2-1211?
A common citation format is "Montana Code Annotated § 33-2-1211" (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 § 33-2-1211 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.