33-17-1505. Recordkeeping and trust fund requirements, MCA
  1. MCA Contents
  2. TITLE 33
  3. CHAPTER 17
  4. Part 15
  5. 33-17-1505 Recordkeeping and trust fund requirements

Montana Code Annotated 2021

TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 17. INSURANCE PRODUCERS, ADJUSTERS, CONSULTANTS, AND ADMINISTRATORS

Part 15. Rental Vehicle Insurance

Recordkeeping And Trust Fund Requirements

33-17-1505. Recordkeeping and trust fund requirements. (1) A rental vehicle entity shall keep records of insurance transactions pursuant to 33-17-1101.

(2) The commissioner may not require a rental vehicle entity to hold rental vehicle insurance premium in a separate trust account pursuant to 33-17-1102 if the premium for rental vehicle insurance is itemized as part of the rental agreement.

History: En. Sec. 5, Ch. 409, L. 2003.