Conflicts of interest prohibited

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  2. Montana Code Annotated
  3. Insurance and Insurance Companies
  4. Administration and General Provisions
  5. Commissioner and Department General Powers and Duties
  6. Conflicts of interest prohibited

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33-1-305. Conflicts of interest prohibited. The commissioner or any deputy, examiner, assistant, or employee of the commissioner:

(1) may not be financially interested, directly or indirectly, in any insurer, insurance agency, or insurance transaction except as a policyholder or claimant under a policy; and

(2) is subject to the ethics provisions in Title 2, chapter 2.

History: En. Sec. 24, Ch. 286, L. 1959; R.C.M. 1947, 40-2705(part); amd. Sec. 1, Ch. 62, L. 2019.


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