Mont. Code § 33-20-306

Current through the 2023 Regular Session
Section 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.

§ 33-20-306, MCA

En. Sec. 317, Ch. 286, L. 1959; R.C.M. 1947, 40-3823.