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This is an obsolete version of the rule. Please click on the rule number to view the current version.

38.3.707    MINIMUM LIMITS OF INSURANCE COVERAGE - BONDS UNACCEPTABLE

(1) Minimum limits of insurance coverage as required by this commission are outlined in Endorsement MV-4 and Endorsement MV-2.

(2) Bonds in lieu of insurance coverage are not acceptable for carriers.

History: 69-12-201, MCA; IMP, 69-12-402, MCA; Eff. 12/31/72; AMD, 2011 MAR p. 2420, Eff. 1/1/12.

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