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Current as of January 01, 2024 | Updated by FindLaw Staff
For the purpose of ascertaining compliance with this code, the commissioner may, as often as the commissioner considers advisable, examine the accounts, records, documents, and transactions pertaining to or affecting its insurance affairs or proposed insurance affairs of:
(1) an insurance producer, surplus lines insurance producer, general insurance producer, adjuster, or public adjuster;
(2) a person having a contract under which the person enjoys in fact the exclusive or dominant right to manage or control an insurer;
(3) a person holding the shares of voting stock or policyholder proxies of a domestic insurer, for the purpose of controlling the management of the domestic insurer, as voting trustee or otherwise;
(4) a person engaged in or proposing to be engaged in or assisting in the promotion or formation of a domestic insurer or insurance holding corporation or corporation to finance a domestic insurer or the production of its business.
Cite this article: FindLaw.com - Montana Title 33. Insurance and Insurance Companies § 33-1-402. Examination of insurance producers, managers, and promoters - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-33-insurance-and-insurance-companies/mt-code-ann-sect-33-1-402/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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