Montana Statutes
§ 33-26-108 — Rulemaking Authority For Surety Insurers
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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Legislative History
En. Sec. 4, Ch. 427, L. 2003; amd. Sec. 5, Ch. 592, L. 2023.
Nearby Sections
9
§ 33-26-101
Corporations As Sureties§ 33-26-103
Rights Of Surety Insurer To Give Bond§ 33-26-107
Deposit Of Money In Bank For Safekeeping By Executors And Other Fiduciaries On Agreement With Surety§ 33-26-108
Rulemaking Authority For Surety Insurers§ 33-26-109
Surety Bail Bond Premium -- Fees Or Interest