Montana § 33-26-108 Rulemaking Authority For Surety Insurers

Montana Statutes

§ 33-26-108 — Rulemaking Authority For Surety Insurers

Montana § 33-26-108

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 26SURETYSHIP

Part 1Surety Insurance

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Bluebook

Mont. Code Ann. § 33-26-108 (2026).

Text

33-26-108 . Rulemaking authority for surety insurers. The commissioner may adopt rules regarding surety insurers who sell, solicit, or negotiate commercial bail bonds and effect arrests or surrenders pursuant to Title 46, chapter 9. The rules must include but are not limited to rules regarding the receipt of collateral, the description of collateral received, the penalty for failure to return collateral, an annual list of forfeitures of bonds, and the form and manner for reporting surrenders and arrests effected under Title 46, chapter 9.

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33-26-108 . Rulemaking authority for surety insurers. The commissioner may adopt rules regarding surety insurers who sell, solicit, or negotiate commercial bail bonds and effect arrests or surrenders pursuant to Title 46, chapter 9. The rules must include but are not limited to rules regarding the receipt of collateral, the description of collateral received, the penalty for failure to return collateral, an annual list of forfeitures of bonds, and the form and manner for reporting surrenders and arrests effected under Title 46, chapter 9.