Mont. Code Ann. § 33-2-120
This is the official text of Mont. Code Ann. § 33-2-120, part of Montana’s Code Ann — part of the compiled statutory law of Montana, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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33-2-120 Notice of suspension or revocation -- effect upon producer's authority
Official statutory text
33-2-120 . Notice of suspension or revocation -- effect upon producer's authority. (1) Upon suspending or revoking an insurer's certificate of authority, the commissioner shall give notice to the insurer and to its insurance producers in this state of record in the commissioner's office.
(2) The suspension or revocation must automatically suspend or revoke, as the case may be, the authority of all insurance producers to act as insurance producers of the insurer in this state, and the commissioner shall state that requirement in the notice to insurance producers provided for in subsection (1).
(3) The commissioner may also publish notice of revocation in one or more newspapers of general circulation published in this state.
(2) The suspension or revocation must automatically suspend or revoke, as the case may be, the authority of all insurance producers to act as insurance producers of the insurer in this state, and the commissioner shall state that requirement in the notice to insurance producers provided for in subsection (1).
(3) The commissioner may also publish notice of revocation in one or more newspapers of general circulation published in this state.
Status: in_force · Read it on the official government site
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