Montana § 33-4-414 - Proportionate Payment Of Losses
Full text of Montana Montana Code Annotated § 33-4-414 — Proportionate Payment Of Losses, with citation guidance and answers to common questions.
§ 33-4-414. Proportionate Payment Of Losses
Proportionate payment of losses. If the aggregate whole amount of the members' obligations to an insurer transacting business on the assessment plan are insufficient to pay all valid claims for losses under the insurer's contracts of insurance after necessary expenses in any one year, then such claimants insured by the insurer shall receive their proportionate share of the funds realized from such obligations in full satisfaction of such losses.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-4-414
What does Montana Code Annotated § 33-4-414 cover?
Section 33-4-414 ("Proportionate Payment Of Losses") 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 § 33-4-414?
A common citation format is "Montana Code Annotated § 33-4-414" (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 § 33-4-414 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.