{"data":{"id":"us-mt/33-2-1341","jurisdiction":"us-mt","citation":"33-2-1341","heading":"Grounds for liquidation.","body":"The commissioner may petition the district court for an order directing the commissioner to liquidate a domestic insurer or an alien insurer domiciled in this state on the basis:\n(1) of any ground for an order of rehabilitation as specified in 33-2-1331, whether or not there has been a prior order directing the rehabilitation of the insurer;\n(2) that the insurer is insolvent; or\n(3) that the insurer is in a condition that the further transaction of business would be hazardous, financially or otherwise, to its policyholders, its creditors, or the public.","path":["TITLE 33. INSURANCE AND INSURANCE COMPANIES","CHAPTER 2. REGULATION OF INSURANCE COMPANIES","Part 13. Supervision, Rehabilitation, and Liquidation"],"source_url":"https://mca.legmt.gov/bills/mca/title_0330/chapter_0020/part_0130/section_0410/0330-0020-0130-0410.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:52:17Z","sha256":"2e1ee97da789921327f5d6e8e33ddb4709e5cd6df2a4ebb78b30ad1b2fe71dbb","source_id":"us-mt","stale":false,"prev":"us-mt/33-2-1337","next":"us-mt/33-2-1342"},"notice":"GroundRules: Original legal text. Not legal advice."}
