39-71-2609. Establishment of fund -- employer participation required.
80 words·~1 min read·
/mt/title-39/chapter-71/part-26/39-71-2609·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
39-71-2609 . Establishment of fund -- employer participation required.
(1)There is a nonprofit unincorporated legal entity, to be known as the Montana self-insurers guaranty fund, financed as provided in 39-71-2615 and 39-71-2616 . The fund shall perform its functions under rules adopted by, and powers exercised through, the board established under 39-71-2604 .
(2)A private self-insurer shall participate as a member in the fund as a condition of the authority to self-insure in this state under 39-71-2101 .