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.
Nearby Sections
15
§ 33-25-101
Renumbered 33-25-211§ 33-25-102
Renumbered 33-25-212§ 33-25-103
Repealed§ 33-25-104
Short Title§ 33-25-105
Definitions§ 33-25-106
Application§ 33-25-107
Through 33-25-110 Reserved§ 33-25-202
Sharing Of Rate Proceeds§ 33-25-203
Through 33-25-210 Reserved§ 33-25-211
Guaranty Fund -- Investments§ 33-25-212
Rates Filed With Commissioner§ 33-25-213
Limitations On Authority§ 33-25-214
Underwriting Standards -- Record Retention