The money, assets, and investments contributed to an independent liability fund must meet the criteria established for investments by an insurance company in chapter 12 and must be valued as those assets and investments would be valued.
Mont. Code Ann. § 33-27-115
Composition of independent liability fund
Known as the Independent Liability Fund Act
The act spans §§ 33–33 (14 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.