33-20-306. Dividends. If an annuity or pure endowment contract, other than a reversionary, survivorship, or group annuity, is participating, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the contract. History: En. Sec. 317, Ch. 286, L. 1959; R.C.M. 1947, 40-3823.
Montana Legal Code
§ 33-20-306
Source: https://mca.legmt.gov/bills/mca/title_0330/chapter_0200/part_0030/section_0060/0330-0200-0030-0060.html· Version 2025