§ 33-2-1701 Licensure of reinsurance intermediaries
§ 33-2-1702 Required contract provisions — reinsurance intermediary-brokers
§ 33-2-1703 Books and records — reinsurance intermediary-brokers
§ 33-2-1704 Duties of insurers utilizing the services of a reinsurance intermediary-broker
§ 33-2-1705 Required contract provisions — reinsurance intermediary-managers
§ 33-2-1706 Prohibited acts
§ 33-2-1707 Duties of reinsurers using services of reinsurance intermediary-manager
§ 33-2-1708 Examination authority
§ 33-2-1709 Penalties and liabilities

Terms Used In Montana Code > Title 33 > Chapter 2 > Part 17 - Regulation of Reinsurance Intermediaries

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Process: means a writ or summons issued in the course of judicial proceedings. See Montana Code 1-1-202
  • Property: means real and personal property. See Montana Code 1-1-205
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • 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
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Writing: includes printing. See Montana Code 1-1-203