Montana Statutes
§ 33-17-512 — Limitation On Type Of Consideration
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 17 INSURANCE PRODUCERS, ADJUSTERS, CONSULTANTS, AND ADMINISTRATORS·Part 5 Consultants
33-17-512 . Limitation on type of consideration. A licensed insurance consultant may not receive a commission, service fee, brokerage fee, or other valuable consideration for the sale or service of a line of insurance, annuity, security, or pension trust if the consultant has received compensation from the client for consulting services on the same line of insurance, annuity, security, or pension trust sold or serviced within the preceding 12 months.
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Legislative History
En. 40-3346 by Sec. 8, Ch. 144, L. 1975; R.C.M. 1947, 40-3346; amd. Sec. 42, Ch. 713, L. 1989; amd. Sec. 1, Ch. 215, L. 1993.
Nearby Sections
15
§ 33-17-1001
Suspension, Revocation, Or Refusal Of License§ 33-17-1002
Procedure Following Suspension Or Revocation§ 33-17-1003
Repealed§ 33-17-1004
Acting Without License§ 33-17-101
Scope Of Chapter§ 33-17-102
Definitions§ 33-17-1104
Repealed§ 33-17-1105
And 33-17-1106 Reserved§ 33-17-1107
Repealed§ 33-17-1108
Through 33-17-1110 Reserved