Montana § 33-16-1022 - Dividends -- Regulation Or Prohibition
Full text of Montana Montana Code Annotated § 33-16-1022 — Dividends -- Regulation Or Prohibition, with citation guidance and answers to common questions.
§ 33-16-1022. Dividends -- Regulation Or Prohibition
Dividends -- regulation or prohibition. (1) An advisory organization may not adopt a rule that would regulate or prohibit the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers. (2) A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers is not a rating plan or system. A plan for the payment of dividends, savings, or unabsorbed premium deposits does not relieve an insurer from complying with any requirement of this chapter regarding rating plans or systems. (3) It is an unfair trade practice under 33-18-1003 to make the payment of a dividend or any portion of it conditioned upon renewal of the policy or contract.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-16-1022
What does Montana Code Annotated § 33-16-1022 cover?
Section 33-16-1022 ("Dividends -- Regulation Or Prohibition") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 33-16-1022?
A common citation format is "Montana Code Annotated § 33-16-1022" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 33-16-1022 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.