If a creditor has been preferred and afterward in good faith gives the insurer further credit without security of any kind for property that becomes a part of the insurer's estate, the amount of the new credit remaining unpaid at the time of the petition may be set off against the preference that would otherwise be recoverable from the insurer.
Mont. Code Ann. § 33-2-1355
Set off for further credit given in good faith
Known as the Insurers Supervision, Rehabilitation, and Liquidation Act
The act spans §§ 33–33 (76 sections).
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.