™Your Policy Risk Impact Agent
37 chapters · 1,713 sections in this title.
Mont. Code Ann. § 33-17-102 Definitions
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As used in this chapter, the following definitions apply: (1) (a) "Adjuster" means a person who, on behalf of the insurer, for compensation as an independent contractor or as the employee of an independent contractor or for a fee or commission investigates and negotiates the sett…
Mont. Code Ann. § 33-17-103 Exemptions From Definition Of Insurance Producer
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The definition of insurance producer does not include: (1) an individual who is a regularly salaried officer or employee of an insurer and who is engaged in the performance of usual and customary executive, administrative, or clerical duties and whose duties do not include the ne…
Mont. Code Ann. § 33-17-1101 Place Of Business -- Display Of License -- Records
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(1) A resident insurance producer shall maintain a place or places of business in this state accessible to the public. A nonresident insurance producer may maintain a place or places of business in this state. An insurance producer's place or places of business must be a place in…
Mont. Code Ann. § 33-17-1102 Reporting And Accounting For Premiums -- Misappropriation
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(1) All insurance premiums or return premiums received by an insurance producer must be held in a separate trust account. The insurance producer shall at all times act in a fiduciary capacity and shall, in the applicable regular course of business, account for and pay the insuran…