33-16-104. Payment of dividends, savings, or unabsorbed premium deposits not prohibited or regulated -- plan for payment not rating system. Nothing in this chapter may be construed to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers. A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers may not be considered a rating plan or system. A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers does not relieve the insurer from complying with any requirements of this chapter regarding rating plans or systems.
History: En. Sec. 33, Ch. 362, L. 1969; R.C.M. 1947, 40-3666; amd. Sec. 28, Ch. 472, L. 1999.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 16. Rates -- Rating and Advisory Organizations
33-16-105. Maintenance of records
33-16-107. Information not to be willfully withheld
33-16-108. through 33-16-110 reserved
33-16-111. Issuance of order -- suspension or revocation of certificate of authority or license
33-16-112. Failure to comply with order -- suspension or revocation of license or certificate
33-16-113. Appeal from order or decision of commissioner
33-16-115. Acts done by authority of chapter not violation of other laws
33-16-116. Administration or enforcement -- supplementation or modification