Montana Statutes

§ 33-17-411 — Penalty

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 17 INSURANCE PRODUCERS, ADJUSTERS, CONSULTANTS, AND ADMINISTRATORS·Part 4 Nonresident Licensees
33-17-411 . Penalty. A nonresident insurance producer who violates a condition of the producer's Montana license or a provision of this part is subject to a fine by the commissioner of up to $50,000 for each violation and may, at the discretion of the commissioner, have the Montana nonresident license revoked or suspended for a period of up to 5 years.

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Legislative History

En. Sec. 5, Ch. 395, L. 1983; amd. Sec. 34, Ch. 713, L. 1989; amd. Sec. 1204, Ch. 56, L. 2009.

Nearby Sections

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