{"data":{"id":"us-mt/33-2-110","jurisdiction":"us-mt","citation":"33-2-110","heading":"Special surplus required.","body":"In addition to the minimum paid-in capital stock (stock insurers) or minimum surplus (mutual and reciprocal insurers) required by 33-2-109, special surplus shall be possessed by insurers as follows:\n(1) All stock insurers and mutual and foreign reciprocal insurers which have actively transacted insurance in their state of domicile as an authorized insurer for less than 5 years or, if an alien insurer, have transacted insurance as an authorized insurer in at least one state of the United States for less than 5 years when first authorized to transact insurance in this state shall have a surplus or additional surplus equal to not less than 100% of the paid-in capital stock (if a stock insurer) or surplus (if a mutual or foreign reciprocal) otherwise required under 33-2-109 for the kinds of insurance to be transacted.\n(2) Insurers that have actively transacted insurance as authorized insurers in one or more states of the United States for more than 5 years shall possess, when first authorized in this state, surplus or additional surplus equal to not less than 50% of the paid-in capital stock (if a stock insurer) or surplus (if a mutual or foreign reciprocal insurer) otherwise required under 33-2-109.\n(3) Insurers authorized to transact multiple lines of insurance in this state shall at all times have and maintain surplus of not less than $100,000, in addition to the capital (if a stock insurer) or surplus (if a mutual or foreign reciprocal insurer) required by 33-2-109. The amount of such surplus shall be included within the surplus required of newly authorized insurers pursuant to subsections (1) and (2) of this section.","path":["TITLE 33. INSURANCE AND INSURANCE COMPANIES","CHAPTER 2. REGULATION OF INSURANCE COMPANIES","Part 1. Authorization of Insurers"],"source_url":"https://mca.legmt.gov/bills/mca/title_0330/chapter_0020/part_0010/section_0100/0330-0020-0010-0100.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:52:10Z","sha256":"a9dfc5a2b3b74e91807b11856fead303db39782d8e2dc8fd0ee271e436386423","source_id":"us-mt","stale":false,"prev":"us-mt/33-2-109","next":"us-mt/33-2-111"},"notice":"GroundRules: Original legal text. Not legal advice."}