The midfielder has made it clear that all players will be treated equally and has warned his team-mates not to underestimate PSV
The former Fiorentina man replaced Massimo Ambrosini as the San Siro side's captain following the latter's departure this summer and he has stressed that he will not give the flamboyant striker preferential treatment.
"Balotelli does not need any special or preferential treatment," Montolivo was quoted as saying by La Gazzetta dello Sport.
"Whenever he makes a mistake, I will tell the club about it. He's a young guy with plenty of experience, he knows how to cope with pressure."
Montolivo then went on to discuss the upcoming Champions League play-off against PSV and stressed that the Eredivisie side cannot be underestimated.
"We are feeling more like a team than at the start of last season. We are stronger and we feel ready.
"PSV are a team in transition, but they have a big history. It will be a difficult game. It's very important to make sure we are well prepared. At this stage of the season, the physical aspect of the game often plays a bigger role than the technical part."
The first-leg of the Champions League play-off takes place in Eindhoven on August 20, with the return scheduled for the following week.