33-1-317. Penalty imposed by commissioner. The commissioner may, after having conducted a hearing pursuant to 33-1-701, impose a fine not to exceed the sum of $25,000 upon a person found to have violated a provision of this code or regulation promulgated by the commissioner, except that the fine imposed upon insurance producers or adjusters may not exceed $5,000 per violation. The fine is in addition to all other penalties imposed by the laws of this state and must be collected by the commissioner in the name of the state of Montana. Imposition of a fine under this section is an order from which an appeal may be taken, pursuant to the provisions of 33-1-711.
History: En. Sec. 28, Ch. 286, L. 1959; amd. Sec. 1, Ch. 16, L. 1969; R.C.M. 1947, 40-2709(4); amd. Sec. 1, Ch. 278, L. 1987; amd. Sec. 81, Ch. 370, L. 1987; amd. Sec. 7, Ch. 606, L. 1987; amd. Sec. 1, Ch. 713, L. 1989; amd. Sec. 1, Ch. 164, L. 1993.
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