33-1-1510. Surplus lines insurance offenses. (1) A person commits the offense of surplus lines offense if the person knowingly or negligently:
(a) issues or delivers a false policy or cover note or certification of insurance, as those documents are described in 33-2-308, related to the terms of a surplus lines insurance policy; or
(b) fails to notify an insured of a material change in the coverage described in 33-2-308 in writing within 30 days of any material change in the insurance coverage.
(2) A person convicted of a surplus lines insurance offense shall be fined not less than $50 or more than $1,000 or be imprisoned in the county detention center for not less than 30 days or more than 90 days, or both.
History: En. Sec. 10, Ch. 396, L. 2017.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 1. Administration and General Provisions
Part 15. Insurance Fraud Penalties
33-1-1501. No limitation on prosecutions
33-1-1502. Application of criminal law and procedure
33-1-1503. Statute of limitations
33-1-1504. Criminal insurance fraud
33-1-1505. Theft of viatical settlement proceeds
33-1-1506. Theft of medical care discount card fee
33-1-1507. Theft of pharmacy discount card fee
33-1-1508. Theft of insurance premium
33-1-1510. Surplus lines insurance offenses
33-1-1511. Failure or refusal to cooperate with commissioner