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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) A person may not directly or indirectly act as insurance producer in this state for, or otherwise represent or aid on behalf of another, any insurer not authorized to transact insurance in this state in the solicitation, negotiation, or effectuation of insurance or of annuity contracts, inspection of risks, fixing of rates, investigation or adjustment of losses, collection of premiums, or any other transaction of insurance with respect to subjects of insurance resident, located or to be performed in this state.
(2) This section does not apply to:
(a) acceptance of service of process by the commissioner under 33-1-613; or
(b) surplus lines insurance and other transactions for which a certificate of authority is not required of an insurer as stated in 33-2-102.
Cite this article: FindLaw.com - Montana Title 33. Insurance and Insurance Companies § 33-2-104. Representing or aiding unauthorized insurer prohibited - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-33-insurance-and-insurance-companies/mt-st-33-2-104/
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 before relying on it for your legal needs.
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