Montana Statutes

§ 33-25-212 — Rates Filed With Commissioner

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 25 MONTANA TITLE INSURANCE ACT·Part 2 Powers and Duties of Title Insurers

33-25-212 . Rates filed with commissioner.

(1)A title insurer shall file with the commissioner a complete schedule of rates to be charged by it for title insurance as to property located in this state. The rates must be all-inclusive of the total charge for insurance as specified in the policy and must be accompanied by supporting data.
(2)A rate may not be excessive, inadequate, or unreasonably discriminatory.
(3)A title insurer may not quote or charge any rate for title insurance other than the applicable rate previously filed by it with the commissioner.

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Legislative History

En. Sec. 416, Ch. 286, L. 1959; R.C.M. 1947, 40-4602; amd. Sec. 27, Ch. 303, L. 1981; Sec. 33-25-102 , MCA 1983; redes. 33-25-212 by Code Commissioner, 1985; amd. Sec. 20, Ch. 399, L. 2007.

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