Montana Statutes
§ 33-4-510 — Rates -- Filing -- Discrimination
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 4 FARM MUTUAL INSURERS·Part 5 Insurance Operations
33-4-510 . Rates -- filing -- discrimination.
(1)A farm mutual insurer is not required to file any of its insurance rates with the commissioner. No such rate shall be unfairly discriminatory as between subjects of insurance covered for like perils under like policies and having substantially the same insuring, exposure, and underwriting characteristics.
(2)Notwithstanding any provision of subsection (1) or chapter 18, part 2, of this title, a farm mutual insurer transacting insurance under this chapter may refuse to renew a casualty or liability policy upon nonpayment of dues to the farm mutual insurer if payment of dues is a condition for obtaining or continuing such insurance.
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Legislative History
En. Sec. 512, Ch. 286, L. 1959; R.C.M. 1947, 40-4845; amd. Sec. 1, Ch. 319, L. 1981.
Nearby Sections
15
§ 33-4-102
Definitions§ 33-4-103
Corporate Powers In General§ 33-4-201
Eligible Incorporators§ 33-4-205
Certified Copies Of Articles As Evidence§ 33-4-206
Initial Qualifications§ 33-4-301
Bylaws -- Adoption -- Power To Amend§ 33-4-302
Bylaws -- Contents§ 33-4-303
Bylaws Binding Upon Members§ 33-4-304
Annual Meetings Of Members -- Where Held§ 33-4-306
Adjourned Annual Meetings -- Notice