Montana Statutes
§ 33-35-302 — Failure To Comply
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 35 MULTIPLE EMPLOYER WELFARE ARRANGEMENTS·Part 3 Enforcement
33-35-302 . Failure to comply.
(1)Pursuant to 33-1-317 and 33-1-318 , the commissioner may impose sanctions against a self-funded multiple employer welfare arrangement that fails to comply with the provisions of this chapter. The maximum fine may not exceed $5,000 for each violation.
(2)The commissioner may issue a notice of intent to revoke the certificate of authority of a self-funded multiple employer welfare arrangement that fails to comply with the provisions of 33-35-209 , 33-35-210 , or 33-35-301 . If, within 60 days of receiving notice under this subsection, the arrangement fails to file with the commissioner a plan to bring the arrangement into compliance with 33-35-209 , 33-35-210 , or 33-35-301 , the commissioner may revoke the arrangement's certificate of authority. A revocat
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Legislative History
En. Sec. 12, Ch. 420, L. 1995.
Nearby Sections
15
§ 33-35-101
Short Title§ 33-35-102
Purpose§ 33-35-103
Definitions§ 33-35-201
Certificate Of Authority§ 33-35-202
Eligibility For Certificate Of Authority§ 33-35-204
Reserved§ 33-35-205
Application For Certificate Of Authority§ 33-35-206
Through 33-35-208 Reserved§ 33-35-209
Minimum Reserve Requirements§ 33-35-210
Minimum Funding Levels§ 33-35-211
Issuance Of Certificate Of Authority§ 33-35-301
Reporting§ 33-35-302
Failure To Comply