33-4-312. Officers, insurance producers, and employees not licensed -- exception for liability insurance. (1) Except as provided in subsection (2), no insurance producer of an insurer is required to obtain a license or authority from any public official to transact business for such insurer, nor is the insurer or any of its officers, insurance producers, or employees required to pay any fee or license for the transaction of the business of the insurer, except as provided in this chapter.
     (2) A farm mutual insurer that offers liability insurance is required to have an insurance producer licensed by the state of Montana to transact liability insurance, and no person may offer, solicit, take applications for, procure, or place for others liability insurance by a farm mutual insurer unless he or she is licensed under Title 33, chapter 17.

     History: En. Sec. 498, Ch. 286, L. 1959; R.C.M. 1947, 40-4831; amd. Sec. 1, Ch. 28, L. 1987; amd. Sec. 1, Ch. 713, L. 1989.