33-2-516. Inadequate reserves -- increase required

MT Code § 33-2-516 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

33-2-516. Inadequate reserves -- increase required. If loss experience shows that an insurer's loss reserves, however computed or estimated, are inadequate, the commissioner shall require the insurer to maintain loss reserves in such increased amount as is needed to make them adequate.

History: En. Sec. 90, Ch. 286, L. 1959; R.C.M. 1947, 40-3009.