Montana Statutes
§ 33-18-222 — Market Price
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 18 UNFAIR TRADE PRACTICES·Part 2 Insurer's Relations With Insured and Claimant
33-18-222 . Market price.
(1)For purposes of 33-18-221 , 33-18-223 , and 33-18-224 , "market price" means the:
(a)price agreed upon between the insurer and the business; or
(b)prevailing competitive rate that is reasonable and necessary in the local area where the repairs are to be performed.
(2)The market price may not be less than cost as provided in 30-14-209 .
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 33-18-222 (Market Price) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 2, Ch. 554, L. 1993; amd. Sec. 3, Ch. 526, L. 1999; amd. Sec. 3, Ch. 345, L. 2001; amd. Sec. 2, Ch. 192, L. 2009.
Nearby Sections
15
§ 33-18-1002
Power Of Commissioner To Examine Insurers§ 33-18-1004
Desist Orders For Prohibited Practices§ 33-18-1005
Penalty For Violation Of Cease And Desist Orders§ 33-18-1006
Desist Orders For Prohibited Practices§ 33-18-101
Purposes§ 33-18-201
Unfair Claim Settlement Practices Prohibited§ 33-18-203
False Or Deceptive Advertising Prohibited§ 33-18-204
Twisting Prohibited