A nonresident insurance producer's license continues in force until lapsed, suspended, revoked, or terminated. The license lapses if the licensee fails to remit a biennial renewal fee.
Status Of Nonresident Insurance Producers -- Biennial Renewal Of License -- Payment Of Fees
Mont. Code Ann. § 33-17-409, under Nonresident Licensees.
Mont. Code Ann. § 33-17-409