Exams / Montana Life Insurance License / Mont. Code Ann. §33-17-212
Mont. Code Ann. §33-17-212 — what it says, and how the exam tests it
This section is cited by 6 of our practice questions and is tested on 2 exams including the Montana Life Insurance License.
The text
33-17-212. Examination required -- exceptions -- fees. (1) Except as provided in subsection (6), an individual applying for a license is required to pass a written examination. The examination must test the knowledge of the individual concerning each kind of insurance listed in subsection (5) for which application is made, the duties and responsibilities of an insurance producer, and the insurance laws and rules of this state. The examination must be developed and conducted under rules adopted by the commissioner. (2) (a) The commissioner may conduct the examination or make arrangements, including contracting with an outside testing service, for administering the examination. The commissioner may arrange for the testing service to recover the cost of the examination from the applicant. (b) The commissioner may not charge a fee for an applicant taking an examination pertaining to prepaid legal insurance. However, the commissioner may contract with an outside testing service for administering the examination, and the commissioner may arrange for the testing service to recover the cost of the examination from the applicant. (3) An individual who fails to appear for the examination as scheduled or fails to pass the examination may reapply for an examination and shall remit all forms before being rescheduled for another examination. (4) Except as provided in subsection (6), if the applicant is a business entity, each individual who is to be named in the license as having authority to act for the applicant in its insurance transactions under the license must meet the qualifications provided for in this section. (5) Examination of an applicant for a license must cover only the kinds of insurance for which the applicant has applied to be licensed, as constituted by any one or more of the following classifications: (a) life insurance; (b) disability insurance; (c) property insurance, which for the purposes of this provision includes marine insurance; (d) casualty insurance; (e) surety insurance; (f) surety bail bond insurance; (g) limited lines credit insurance; (h) title insurance; (i) prepaid legal insurance as provided for in 33-1-215. (6) This section does not apply to and an examination is not required of: (a) an individual lawfully licensed as an insurance producer as to the kind or kinds of insurance to be transacted as of or immediately prior to January 1,…
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.
- A nonresident insurance producer whose previous license was cancelled applies for a Montana nonresident license. Under Mont. Code Ann. §33-17-212, the application must be received within how many days of the cancellation to qualify for the examination exemption?
drill Montana Statutes and Rules Common to Life, Disability (A&H), Property and Casualty Insurance → - Under Montana law, an individual who was licensed in another state applies for a nonresident producer license. To qualify for the prelicensing education and examination exemption, within how many days of cancellation of the prior license must the application be received?
drill Montana Statutes and Rules Common to Life, Disability (A&H), Property and Casualty Insurance → - Under Mont. Code Ann. §33-17-212, which of the following applicants is NOT required to pass a written examination for a Montana insurance producer license?
drill Montana Statutes and Rules Common to Life, Disability (A&H), Property and Casualty Insurance →