Mont. Code Ann. § 33-3-435

Stock transfer during impairment of capital

Last amended: 1959Year: 2026Length: 51 wordsOfficial source
33-3-435 . Stock transfer during impairment of capital. Any transfer of the stock of a domestic insurer made during the existence of any impairment of such insurer's capital does not release the stockholder making the transfer from any liability as a stockholder of such insurer which accrued prior to such transfer.
Mont. Code Ann. § 33-3-435: Stock transfer during impairment of capital | Justis AI