33-26-108. Rulemaking authority for surety insurers. The commissioner may adopt rules regarding surety insurers who sell, solicit, or negotiate commercial bail bonds. The rules must include but are not limited to rules regarding the receipt of collateral, the description of collateral received, the penalty for failure to return collateral, and an annual list of forfeitures of bonds.
History: En. Sec. 4, Ch. 427, L. 2003.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
33-26-101. Corporations as sureties
33-26-102. Requisites of undertakings or bonds of individuals
33-26-103. Rights of surety insurer to give bond
33-26-104. Surety insurers as sole surety on official bonds -- release
33-26-105. Surety companies not permitted to furnish bonds where indemnity required
33-26-106. Cost of surety bond to be allowed in account of officer