33-25-212. Rates filed with commissioner, MCA
  1. MCA Contents
  2. TITLE 33
  3. CHAPTER 25
  4. Part 2
  5. 33-25-212 Rates filed with commissioner

Montana Code Annotated 2017

TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 25. MONTANA TITLE INSURANCE ACT

Part 2. Powers and Duties of Title Insurers

Rates Filed With Commissioner

33-25-212. Rates filed with commissioner. (1) A title insurer shall file with the commissioner a complete schedule of rates to be charged by it for title insurance as to property located in this state. The rates must be all-inclusive of the total charge for insurance as specified in the policy and must be accompanied by supporting data.

(2) A rate may not be excessive, inadequate, or unreasonably discriminatory.

(3) A title insurer may not quote or charge any rate for title insurance other than the applicable rate previously filed by it with the commissioner.

History: En. Sec. 416, Ch. 286, L. 1959; R.C.M. 1947, 40-4602; amd. Sec. 27, Ch. 303, L. 1981; Sec. 33-25-102, MCA 1983; redes. 33-25-212 by Code Commissioner, 1985; amd. Sec. 20, Ch. 399, L. 2007.