{"data":{"id":"us-mt/33-12-305","jurisdiction":"us-mt","citation":"33-12-305","heading":"Equity interests.","body":"(1) Subject to the limitations of 33-12-302, an insurer may acquire equity interests in business entities organized under the laws of any domestic jurisdiction.\n(2) An insurer may not acquire an investment under this section if, as a result of and after giving effect to the investment, the aggregate amount of investments then held by the insurer under this section would exceed the greater of 25% of its admitted assets or 100% of its surplus as regards policyholders.\n(3) An insurer may not acquire under this section any investments that the insurer may acquire under 33-12-307.\n(4) An insurer may not short sell equity investments unless the insurer covers the short sale by owning the equity investment or an unrestricted right to the equity instrument exercisable within 6 months of the short sale.","path":["TITLE 33. INSURANCE AND INSURANCE COMPANIES","CHAPTER 12. INSURER INVESTMENTS","Part 3. Property and Casualty, Financial Guaranty, Mortgage Guaranty, Surety, Marine, and Title Insurers"],"source_url":"https://mca.legmt.gov/bills/mca/title_0330/chapter_0120/part_0030/section_0050/0330-0120-0030-0050.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:52:29Z","sha256":"7c2b2fde02985838f6a533953540b64dcecf04372979d4a32ca53758d628826e","source_id":"us-mt","stale":false,"prev":"us-mt/33-12-304","next":"us-mt/33-12-306"},"notice":"GroundRules: Original legal text. Not legal advice."}