Montana Statutes
§ 33-2-320 — Surplus Lines Insurance Producer Fee
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 2 REGULATION OF INSURANCE COMPANIES·Part 3 Authorization of Surplus Lines Insurers, Insurance Producers, and Insurance
33-2-320 . Surplus lines insurance producer fee.
(1)A surplus lines insurance producer may collect a flat fee per policy for business placed in the surplus lines insurance market. The fee may not exceed:
(a)$50 for a personal lines insurance policy; or
(b)$100 for a commercial lines insurance policy.
(2)The fees allowed under this section are not considered part of the premium charged to the insured and do not fall within the definition of premium provided in 33-15-102 .
(3)The fees allowed under this section apply only to surplus lines insurance producers transacting surplus lines insurance business.
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Legislative History
En. Sec. 1, Ch. 223, L. 2015.
Nearby Sections
15
§ 33-2-1001
Repealed§ 33-2-1002
Repealed§ 33-2-1003
Repealed§ 33-2-1004
Repealed§ 33-2-1005
Repealed§ 33-2-1006
Repealed§ 33-2-1007
Repealed§ 33-2-101
Certificate Of Authority Required§ 33-2-103
Admission For Investment Only§ 33-2-106
General Eligibility Of Insurers§ 33-2-107
Name -- Dissimilar§ 33-2-108
Combinations Of Insuring Powers