33-17-411. Penalty. A nonresident insurance producer who violates a condition of the producer's Montana license or a provision of this part is subject to a fine by the commissioner of up to $50,000 for each violation and may, at the discretion of the commissioner, have the Montana nonresident license revoked or suspended for a period of up to 5 years.
History: En. Sec. 5, Ch. 395, L. 1983; amd. Sec. 34, Ch. 713, L. 1989; amd. Sec. 1204, Ch. 56, L. 2009.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 17. Insurance Producers, Adjusters, Consultants, and Administrators
33-17-401. Nonresident insurance producer -- license
33-17-405. Service of process -- commissioner as agent
33-17-406. Nonresident insurance producer subject to insurance code
33-17-407. Nonresident insurance producer to pay taxes -- annual report required
33-17-408. Reciprocity -- nonresident insurance producer licensing and continuing education