33-1-305. Conflicts of interest prohibited. The commissioner or any deputy, examiner, assistant, or employee of the commissioner:
(1) may not be financially interested, directly or indirectly, in any insurer, insurance agency, or insurance transaction except as a policyholder or claimant under a policy; and
(2) is subject to the ethics provisions in Title 2, chapter 2.
History: En. Sec. 24, Ch. 286, L. 1959; R.C.M. 1947, 40-2705(part); amd. Sec. 1, Ch. 62, L. 2019.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 1. Administration and General Provisions
Part 3. Commissioner and Department General Powers and Duties
33-1-301. Insurance department -- control -- appropriations
33-1-303. Deputies and assistants -- employment, compensation, and termination
33-1-304. Delegation of authority -- responsibility
33-1-305. Conflicts of interest prohibited
33-1-306. Dual contracts permitted
33-1-307. through 33-1-310 reserved
33-1-311. General powers and duties
33-1-312. Records and certificates
33-1-315. Witnesses -- production of records -- subpoena -- failure to respond
33-1-316. Testimony compelled -- immunity from prosecution