ARM 24.29.2841

ARM 24.29.2841. CLAIMS FOR BENEFITS FOR INSOLVENT PERIOD

Last amended: 2024Length: 73 wordsOfficial source

Cite as Mont. Admin. R. 24.29.2841

(1) Prior to July 1, 1987, 39-71-503 , MCA required the UEF to keep "proper reserves and surpluses." During the period January 13, 1981, to June 30, 1987, the UEF was insolvent. Based on the legal principle in workers' compensation that the statutes in effect at the time of an injury determine a claimant's entitlement to benefits, the UEF did not accept liability for any injuries that occurred during the period of insolvency.
ARM 24.29.2841: ARM 24.29.2841. CLAIMS FOR BENEFITS FOR INSOLVENT PERIOD | Justis AI