33-24-307. Suspension or revocation of operator license. If an operator or its employee or authorized representative violates any provision of this part, the commissioner may do any of the following after notice and the opportunity for a hearing:

Terms Used In Montana Code 33-24-307

  • Authorized representative: means an individual authorized by an operator to sell or offer self-storage insurance coverage in accordance with this part. See Montana Code 33-24-302
  • Operator: means a business entity that is the owner, operator, lessor, or sublessor of a self-storage facility or an agent or another person authorized to manage the facility or to receive rent from a renter under a rental agreement. See Montana Code 33-24-302
  • Self-storage insurance: means insurance offered in connection with and incidental to the rental of a leased space at a self-storage facility and which provides coverage to renters for the loss of or damage to personal property occurring at the facility or when the property is in transit to or from the facility during the term of the rental agreement. See Montana Code 33-24-302

(1)impose fines not to exceed $500 for each violation or $5,000 in the aggregate for violations; or

(2)impose other penalties that the commissioner considers reasonable to carry out the purpose of this part, including:

(a)suspending the privilege of transacting self-storage insurance under this part at specific business locations where violations have occurred; or

(b)suspending or revoking the ability of individual employees or authorized representatives to act under the license.