Montana § 33-17-219 Inactive Status -- Insurance Producers Serving In Armed Forces

Montana Statutes

§ 33-17-219 — Inactive Status -- Insurance Producers Serving In Armed Forces

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 17 INSURANCE PRODUCERS, ADJUSTERS, CONSULTANTS, AND ADMINISTRATORS·Part 2 Licensing and Appointment of Insurance Producers and Navigators

33-17-219 . Inactive status -- insurance producers serving in armed forces.

(1)The commissioner may place an insurance producer on inactive status if the insurance producer enters active service in the armed forces of the United States.

(2)An insurance producer may not transact the business of insurance while on inactive status.

(3)The commissioner shall waive the continuing education requirements in 33-17-1205 and the fee in 33-2-708 while an insurance producer is on inactive status.

(4)In order to be placed on inactive status, an insurance producer shall notify the commissioner when called to active service.

(5)In order to be taken off inactive status, an insurance producer shall notify the commissioner when discharged from active service.

Free access — add to your briefcase to read the full text and ask questions with AI

33-17-219 . Inactive status -- insurance producers serving in armed forces. (1) The commissioner may place an insurance producer on inactive status if the insurance producer enters active service in the armed forces of the United States.
(2) An insurance producer may not transact the business of insurance while on inactive status.
(3) The commissioner shall waive the continuing education requirements in 33-17-1205 and the fee in 33-2-708 while an insurance producer is on inactive status.
(4) In order to be placed on inactive status, an insurance producer shall notify the commissioner when called to active service.
(5) In order to be taken off inactive status, an insurance producer shall notify the commissioner when discharged from active service.

Montana § 33-17-219 (Inactive Status -- Insurance Producers Serving In Armed Forces) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.