33-17-219. Inactive status -- insurance producers serving in armed forces. (1) The commissioner may place an insurance producer on inactive status if the insurance producer enters active service in the armed forces of the United States.
(2) An insurance producer may not transact the business of insurance while on inactive status.
(3) The commissioner shall waive the continuing education requirements in 33-17-1205 and the fee in 33-2-708 while an insurance producer is on inactive status.
(4) In order to be placed on inactive status, an insurance producer shall notify the commissioner when called to active service.
(5) In order to be taken off inactive status, an insurance producer shall notify the commissioner when discharged from active service.
History: En. Sec. 1, Ch. 427, L. 2003.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 17. Insurance Producers, Adjusters, Consultants, and Administrators
Part 2. Licensing and Appointment of Insurance Producers and Navigators
33-17-201. License required of insurance producer -- forms -- background examinations
33-17-210. Centralized producer license registry -- rules
33-17-211. General qualifications -- application for license
33-17-212. Examination required -- exceptions -- fees
33-17-213. Conduct of examinations
33-17-216. Temporary insurance producer license
33-17-217. Limitations and rights under temporary license
33-17-219. Inactive status -- insurance producers serving in armed forces
33-17-220. Licensing background examination -- action by commissioner
33-17-222. through 33-17-230 reserved
33-17-231. Appointment of insurance producers -- continuation and termination
33-17-232. Rights of insurance producer following termination of appointment
33-17-233. through 33-17-235 reserved
33-17-236. Appointments of insurance producers by insurers
33-17-237. Notification of violation or appointment termination
33-17-238. Appointment by affiliation
33-17-239. and 33-17-240 reserved
33-17-241. Navigator certification -- duties -- prohibitions
33-17-243. Producer exchange training -- certification for exchange sales