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24.29.703    ELECTION TO BE BOUND BY COMPENSATION PLAN NO. 2 OR 3

(1) Any employer, except state agencies specified in 39-71-403 , MCA, may elect coverage under plan no. 2 by owning an insurance policy that is in force, sold by a private insurance carrier authorized by the insurance commissioner's office to sell workers' compensation insurance in Montana.

(2) Any employer may elect coverage under plan no. 3 by owning an insurance policy that is in force, sold by the state compensation insurance fund.

History: 39-71-203, MCA; IMP, 39-71-2201 and 39-71-2301, MCA; NEW, 1984 MAR p. 983, Eff. 7/2/84; AMD, 1998 MAR p. 2872, Eff. 11/1/98.
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