Montana § 39-71-325 - Claim Summary And Actuarial Documentation For Impaired Insurer
Full text of Montana Montana Code Annotated § 39-71-325 — Claim Summary And Actuarial Documentation For Impaired Insurer, with citation guidance and answers to common questions.
§ 39-71-325. Claim Summary And Actuarial Documentation For Impaired Insurer
Claim summary and actuarial documentation for impaired insurer. (1) An insurer becomes impaired if the insurer: (a) becomes insolvent; (b) is placed in receivership or administration; (c) declares bankruptcy; or (d) seeks protection from its creditors. (2) An impaired insurer shall, within 30 days of the insurer becoming impaired, furnish the department with a claim summary and actuary information relevant to each claim for which the insurer may have future liability.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 39-71-325
What does Montana Code Annotated § 39-71-325 cover?
Section 39-71-325 ("Claim Summary And Actuarial Documentation For Impaired Insurer") 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 § 39-71-325?
A common citation format is "Montana Code Annotated § 39-71-325" (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 § 39-71-325 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.