Montana Statutes

§ 33-1-305 — Conflicts Of Interest Prohibited

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 1 ADMINISTRATION AND GENERAL PROVISIONS·Part 3 Commissioner and Department General Powers and Duties

33-1-305 . Conflicts of interest prohibited. The commissioner or any deputy, examiner, assistant, or employee of the commissioner:

(1)may not be financially interested, directly or indirectly, in any insurer, insurance agency, or insurance transaction except as a policyholder or claimant under a policy; and
(2)is subject to the ethics provisions in Title 2, chapter 2.

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Legislative History

En. Sec. 24, Ch. 286, L. 1959; R.C.M. 1947, 40-2705(part); amd. Sec. 1, Ch. 62, L. 2019.

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