Exams / Montana Life Insurance License / Mont. Code Ann. §33-17-1203

Mont. Code Ann. §33-17-1203 — what it says, and how the exam tests it

This section is cited by 4 of our practice questions and is tested on 3 exams including the Montana Life Insurance License.

The text

33-17-1203. Continuing education -- basic requirements -- exceptions. (1) Unless exempt under subsection (3): (a) an individual licensed to act as an insurance producer, adjuster, public adjuster, or consultant other than an individual licensed only for surety bail bonds or for limited lines credit insurance shall, during each 24-month period, complete at least 24 credit hours of approved continuing education, including at least 3 hours of ethics credits and at least 1 credit hour on changes in Montana insurance statutes and administrative rules; (b) an individual licensed to act as an insurance producer only for surety bail bonds, prepaid legal insurance, or limited lines credit insurance shall, during each biennium, complete 5 credit hours of approved continuing education, including at least 1 credit hour on changes in Montana insurance statutes and administrative rules and the remaining credit hours in the areas of insurance law, ethics, or topics specific to surety bail bonds, prepaid legal insurance, or limited lines credit insurance. (2) The commissioner may, for good cause, grant an extension of time, not to exceed 1 year, during which the requirements imposed by subsection (1) may be completed. (3) The minimum continuing education requirements do not apply to: (a) an individual holding a temporary license issued under 33-17-216; or (b) an insurance producer, adjuster, public adjuster, or consultant otherwise exempted by the commissioner. History: En. Sec. 3, Ch. 622, L. 1993; amd. Sec. 2, Ch. 98, L. 1995; amd. Sec. 1, Ch. 456, L. 1997; amd. Sec. 27, Ch. 531, L. 1997; amd. Sec. 35, Ch. 472, L. 1999; amd. Sec. 37, Ch. 7, L. 2001; amd. Sec. 7, Ch. 106, L. 2001; amd. Sec. 22, Ch. 427, L. 2003; amd. Sec. 3, Ch. 38, L. 2005; amd. Sec. 18, Ch. 469, L. 2005; amd. Sec. 8, Ch. 313, L. 2009; amd. Sec. 1, Ch. 398, L. 2009; amd. Sec. 2, Ch. 324, L. 2013; amd. Sec. 11, Ch. 139, L. 2015. 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.

  1. Under Mont. Code Ann. §33-17-1203, how many hours of ethics credits must be included in the continuing education requirement for a Montana insurance producer during each 24-month period?
    drill Montana Statutes and Rules Common to Property and Casualty Insurance →
  2. Under Mont. Code Ann. §33-17-1203, how many credit hours of approved continuing education must a Montana insurance producer complete during each 24-month period?
    drill Montana Statutes and Rules Common to Property and Casualty Insurance →
  3. Under Mont. Code Ann. §33-17-1203, how many hours of ethics credits must be included in the 24-month continuing education requirement for a Montana insurance producer?
    drill Montana Statutes and Rules Common to Life, Disability (A&H), Property and Casualty Insurance →

Exams that test this section