Montana § 33-4-320 Managing General Agent Waiver -- Exceptions

Montana Statutes

§ 33-4-320 — Managing General Agent Waiver -- Exceptions

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 4 FARM MUTUAL INSURERS·Part 3 Management

33-4-320 . Managing general agent waiver -- exceptions.

(1)The commissioner may waive the requirements for a managing general agent under Title 33, chapter 2, part 16, for a person managing the property and liability business of a resident domestic farm mutual insurer.

(2)The commissioner may revoke the waiver if the commissioner determines through examination that licensure of the person as a managing general agent is necessary.

(3)A person serving as a managing general agent for crop hail insurance may not receive a waiver under this section.

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33-4-320 . Managing general agent waiver -- exceptions. (1) The commissioner may waive the requirements for a managing general agent under Title 33, chapter 2, part 16, for a person managing the property and liability business of a resident domestic farm mutual insurer.
(2) The commissioner may revoke the waiver if the commissioner determines through examination that licensure of the person as a managing general agent is necessary.
(3) A person serving as a managing general agent for crop hail insurance may not receive a waiver under this section.

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