Montana § 33-25-403 Prohibited Practices -- Producer And Associates -- Prohibition Of Favored Insurance Producer Or Insurer

Montana Statutes

§ 33-25-403 — Prohibited Practices -- Producer And Associates -- Prohibition Of Favored Insurance Producer Or Insurer

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 25 MONTANA TITLE INSURANCE ACT·Part 4 Prohibited Practices -- Penalties

33-25-403 . Prohibited practices -- producer and associates -- prohibition of favored insurance producer or insurer. A producer or associate may not, directly or indirectly, require as a condition, agreement, or understanding of providing another person a loan, loan extension, credit, sale, property, contract, lease, or service that the other person obtain title insurance of any kind from a particular title insurer or title insurance producer. A title insurer or title insurance producer may not knowingly participate in a plan or transaction prohibited by this section.

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33-25-403 . Prohibited practices -- producer and associates -- prohibition of favored insurance producer or insurer. A producer or associate may not, directly or indirectly, require as a condition, agreement, or understanding of providing another person a loan, loan extension, credit, sale, property, contract, lease, or service that the other person obtain title insurance of any kind from a particular title insurer or title insurance producer. A title insurer or title insurance producer may not knowingly participate in a plan or transaction prohibited by this section.

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