Exams / Montana Property and Casualty Insurance License / Mont. Code Ann. §33-17-217
Mont. Code Ann. §33-17-217 — what it says, and how the exam tests it
This section is cited by 3 of our practice questions and is tested on the Montana Property and Casualty Insurance License.
The text
33-17-217. Limitations and rights under temporary license. (1) The commissioner may not issue more than one temporary license, to or with respect to the same individual to be licensed, within any 12-month period. (2) The temporary license may cover the same kinds of insurance for which the insurance producer being replaced was licensed. (3) As to a temporary insurance producer's license issued on account of the death or disability of an insurance producer, the licensee may represent all of the insurers last represented by the deceased or disabled insurance producer, but the licensee may not be licensed for an additional kind of insurance under the temporary license. (4) A temporary licensee has the same license powers and duties as under a permanent license. History: En. Sec. 164, Ch. 286, L. 1959; R.C.M. 1947, 40-3320; amd. Sec. 26, Ch. 713, L. 1989. 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.
- A temporary license is issued due to the death of a licensed insurance producer. Under Mont. Code Ann. §33-17-217, what limitation applies to the temporary licensee regarding kinds of insurance?
drill Montana Statutes and Rules Common to Property and Casualty Insurance → - Under Mont. Code Ann. §33-17-217, how many temporary licenses may the commissioner issue to the same individual within any 12-month period?
drill Montana Statutes and Rules Common to Property and Casualty Insurance → - A temporary insurance producer license is issued due to the death of a licensed producer. Under Mont. Code Ann. §33-17-217, which statement is correct regarding the temporary licensee's authority?
drill Montana Statutes and Rules Common to Property and Casualty Insurance →