# Mont. Code Ann. § 33-12-101: 33-12-101 Purpose and scope

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-101

## Section

- **Citation:** Mont. Code Ann. § 33-12-101
- **Heading:** 33-12-101 Purpose and scope
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 33 / Chapter 12 / Part 1 / Section 33-12-101

## Text

33-12-101 . Purpose and scope. (1) The purpose of this chapter is to protect the interests of insureds by promoting insurer solvency and financial strength. This purpose will be accomplished through the application of investment standards that facilitate a reasonable balance of the following objectives:

(a) to preserve principal;

(b) to ensure reasonable diversification as to type of investment, issuer, and credit quality; and

(c) to allow insurers to allocate investments in a manner consistent with principles of prudent investment management to achieve an adequate return so that obligations to insureds are adequately met and financial strength is sufficient to cover reasonably foreseeable contingencies.

(2) This chapter applies only to investments and investment practices of domestic insurers and United States branches of alien insurers entered through this state. This chapter does not apply to separate accounts of an insurer.

## Nearby sections

- [Mont. Code Ann. § 33-12-101 33-12-101 Purpose and scope](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-101.md)
- [Mont. Code Ann. § 33-12-102 33-12-102 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-102.md)
- [Mont. Code Ann. § 33-12-103 33-12-103 General investment qualifications](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-103.md)
- [Mont. Code Ann. § 33-12-104 33-12-104 Authorization of investments by board of directors](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-104.md)
- [Mont. Code Ann. § 33-12-105 33-12-105 Prohibited investments](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-105.md)
- [Mont. Code Ann. § 33-12-106 33-12-106 Loans to officers and directors](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-106.md)
- [Mont. Code Ann. § 33-12-107 33-12-107 Valuation of investments](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-107.md)
- [Mont. Code Ann. § 33-12-108 33-12-108 Presumption of control](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-108.md)
- [Mont. Code Ann. § 33-12-109 33-12-109 Credit risk attributable to derivative statement](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-109.md)
- [Mont. Code Ann. § 33-12-110 33-12-110 Special rated credit instrument](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-110.md)
- [Mont. Code Ann. § 33-12-111 33-12-111 Rules](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-111.md)
- [Mont. Code Ann. § 33-12-112 33-12-112 Foreign and alien insurers](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-112.md)
- [Mont. Code Ann. § 33-12-113 33-12-113 Indemnification agreement](https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-113.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T33_C12_P1_S33-12-101. Check the current official text before relying on it. Not legal advice.