Montana Statutes

§ 33-14-203 — License Revocation -- Suspension

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 14 INSURANCE PREMIUM FINANCE COMPANIES·Part 2 Licensing

33-14-203 . License revocation -- suspension. The commissioner may revoke or suspend the license of a premium finance company when and if after investigation it appears to the commissioner that:

(1)a license issued to the company was obtained by fraud;
(2)there was misrepresentation in the application for the license;
(3)the holder of the license has otherwise been shown untrustworthy or incompetent to act as a premium finance company; or
(4)the company has violated any provisions of this chapter.

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Legislative History

En. Sec. 5, Ch. 360, L. 1981; amd. Sec. 1180, Ch. 56, L. 2009.

Nearby Sections

13
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