Montana Statutes

§ 33-1-1510 — Surplus Lines Insurance Offenses

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 1 ADMINISTRATION AND GENERAL PROVISIONS·Part 15 Insurance Fraud Penalties

33-1-1510 . Surplus lines insurance offenses.

(1)A person commits the offense of surplus lines offense if the person knowingly or negligently:
(a)issues or delivers a false policy or cover note or certification of insurance, as those documents are described in 33-2-308 , related to the terms of a surplus lines insurance policy; or
(b)fails to notify an insured of a material change in the coverage described in 33-2-308 in writing within 30 days of any material change in the insurance coverage.
(2)A person convicted of a surplus lines insurance offense shall be fined not less than $50 or more than $1,000 or be imprisoned in the county detention center for not less than 30 days or more than 90 days, or both.

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Legislative History

En. Sec. 10, Ch. 396, L. 2017.

Nearby Sections

15
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