Exams / Montana Property and Casualty Insurance License / Mont. Code Ann. §33-1-224
Mont. Code Ann. §33-1-224 — what it says, and how the exam tests it
This section is cited by 2 of our practice questions and is tested on the Montana Property and Casualty Insurance License.
The text
33-1-224. Exports. Exports may be covered by marine, inland marine, and transportation policies subject to the following conditions: (1) Exports are covered wherever they are located, without restriction as to time, provided the coverage of the issuing companies includes hazards of transportation. (2) Property is an export and the proper subject of marine, inland marine, or transportation insurance when designated or while being prepared for export and remains an export unless diverted for domestic trade. If the property is diverted for domestic trade, the provisions of 33-1-225 apply. This section does not apply to long-established methods of insuring certain commodities such as cotton. History: En. Sec. 4, Ch. 467, L. 1981. Disclaimer: The Internet version of the Montana Code Annotated is provided as a research tool to users of the Code. In case of inconsistencies resulting from omissions or other errors, the printed version will prevail.
Public record. Read the full, current section at the official source: mca.legmt.gov
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- Under Montana statute, property designated for export remains the proper subject of marine, inland marine, or transportation insurance unless it is:
drill Montana Statutes and Rules Pertinent to Property Insurance Only → - A Montana producer is asked whether exports can be insured under inland marine policies without time restrictions. According to Montana statute, exports may be covered without restriction as to time provided the coverage includes:
drill Montana Statutes and Rules Pertinent to Property Insurance Only →