Exams / Montana Life Insurance License / Mont. Code Ann. §33-17-408
Mont. Code Ann. §33-17-408 — what it says, and how the exam tests it
This section is cited by 2 of our practice questions and is tested on 2 exams including the Montana Life Insurance License.
The text
33-17-408. Reciprocity -- nonresident insurance producer licensing and continuing education. (1) The commissioner shall waive any requirements, except for the requirements of 33-17-401, for a nonresident applicant for an insurance producer's license who has a valid license from the applicant's home state if the applicant's home state awards nonresident licenses to residents of this state on the same basis. (2) A nonresident insurance producer's satisfaction of the insurance producer's home state's continuing education requirements for licensed insurance producers constitutes satisfaction of this state's continuing education requirements if the nonresident insurance producer's home state recognizes the satisfactions of its continuing education requirements imposed upon insurance producers from this state on the same basis. History: En. Sec. 8, Ch. 106, L. 2001. 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 nonresident insurance producer applies for a Montana license. Under Montana's reciprocity provision, the commissioner shall waive licensing requirements if the applicant's home state does what?
drill Montana Statutes and Rules Common to Life, Disability (A&H), Property and Casualty Insurance → - A nonresident insurance producer applies for a Montana license. Under Mont. Code Ann. §33-17-408, how does Montana treat the applicant's home state continuing education if the home state offers reciprocity to Montana residents?
drill Montana Statutes and Rules Common to Life, Disability (A&H), Property and Casualty Insurance →