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§ 33-16-302 — Montana Law | CourtGPT
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  2. Laws/
  3. Montana/
  4. Title 33 - Insurance and Insurance Companies/
  5. Chapter 16 - Rates -- Rating and Advisory Organizations/
  6. Part 3 - Insurers Acting in Concert33-16-301. Insurers Authorized to Act in Concert/
  7. § 33-16-302
Montana Legal Code

§ 33-16-302

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33-16-302. Insurers with common ownership or cosureties on bond -- acting in concert. With respect to any matters pertaining to the making of rates or rating systems, the preparation or making of insurance policy or bond forms, underwriting rules, surveys, inspections and investigations, the furnishing of loss or expense statistics or other information and data, or carrying on of research, two or more admitted insurers having a common ownership or operating in this state under common management or control are hereby authorized to act in concert between or among themselves the same as if they constituted a single insurer, and to the extent that such matters relate to cosurety bonds, two or more admitted insurers executing such bonds are hereby authorized to act in concert between or among themselves the same as if they constituted a single insurer. History: En. Sec. 9, Ch. 362, L. 1969; R.C.M. 1947, 40-3642.

Source: https://mca.legmt.gov/bills/mca/title_0330/chapter_0160/part_0030/section_0020/0330-0160-0030-0020.html· Version 2025