Montana Code > Title 2 > Chapter 15 > Part 19 – Insurance and Investment


§ 2-15-1901	Office of securities commissioner
§ 2-15-1902	Insurance department
§ 2-15-1903	Commissioner of insurance designated

Contract: A legal written agreement that becomes binding when signed.
Department: means a principal functional and administrative entity that:

(a)is created by this chapter within the executive branch of state government;

(b)is one of the 20 principal departments permitted under the constitution; and

(c)includes its units. See Montana Code 2-15-102
Ex officio: Literally, by virtue of one's office.
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
Quorum: The number of legislators that must be present to do business.
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201