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37 chapters · 1,713 sections in this title.
Mont. Code Ann. § 33-20-904 Definitions
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As used in this part, the following definitions apply: (1) "Contract owner" means the owner named in the annuity contract or a certificate holder in the case of a group annuity contract. (2) (a) "Determinable elements" means elements that are derived from processes or methods tha…
Mont. Code Ann. § 33-20-905 Standards For Disclosure Document And Buyer's Guide
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(1) When the application for an annuity contract is taken in a face-to-face meeting, the applicant must be given, at or before the time of application, both the disclosure document and the buyer's guide. (2) (a) When the application for an annuity contract is taken by means other…
Mont. Code Ann. § 33-20-906 Report To Contract Owners
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(1) For annuities in the payout period with changes in nonguaranteed elements and for the accumulation period of a deferred annuity, the insurer shall provide each contract owner with a report, at least annually, on the status of the contract. (2) The report must contain at least…
Mont. Code Ann. § 33-20-907 Penalties
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In addition to any other penalties provided in Title 33, an insurer or insurance producer that violates a provision of this part also violates 33-18-102.