Montana § 33-1-1508 Theft Of Insurance Premium

Montana Statutes

§ 33-1-1508 — Theft Of Insurance Premium

Montana § 33-1-1508

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 1ADMINISTRATION AND GENERAL PROVISIONS

Part 15Insurance Fraud Penalties

This text of Montana § 33-1-1508 (Theft Of Insurance Premium) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 33-1-1508 (2026).

Text

33-1-1508 . Theft of insurance premium.

(1)A person commits the offense of theft of insurance premium when the person purposely or knowingly exerts unauthorized control over money paid as insurance premium:

(a)by failing to provide insurance premium received for a particular insurance policy to the insurer; or

(b)knowing that insurance coverage will not be provided.

(2)For purposes of this section "insurance premium" has the same meaning as "premium" provided in 33-15-102 .

(3)(a) A person convicted of theft of insurance premium involving a value not exceeding $1,500 shall be fined not more than $1,500 or be imprisoned in the county detention center for not more than 6 months, or both.

(b)A person convicted of the offense of theft of insurance premium involving a value exceeding $1,5

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33-1-1508 . Theft of insurance premium. (1) A person commits the offense of theft of insurance premium when the person purposely or knowingly exerts unauthorized control over money paid as insurance premium:
(a) by failing to provide insurance premium received for a particular insurance policy to the insurer; or
(b) knowing that insurance coverage will not be provided.
(2) For purposes of this section "insurance premium" has the same meaning as "premium" provided in 33-15-102 .
(3) (a) A person convicted of theft of insurance premium involving a value not exceeding $1,500 shall be fined not more than $1,500 or be imprisoned in the county detention center for not more than 6 months, or both.
(b) A person convicted of the offense of theft of insurance premium involving a value exceeding $1,500 shall be fined an amount not to exceed $50,000 or be imprisoned in a state prison for a term not to exceed 10 years, or both.
(c) A person convicted of the offense of theft of insurance premium involving a common scheme as defined in 45-2-101 shall be fined an amount not to exceed $50,000 or be imprisoned in a state prison for a term not to exceed 10 years, or both.