Montana § 61-12-303 - Requirements For License
Full text of Montana Montana Code Annotated § 61-12-303 — Requirements For License, with citation guidance and answers to common questions.
§ 61-12-303. Requirements For License
Requirements for license. (1) The commissioner may not issue a license to a company until the company has filed the following: (a) a formal application in the form and detail that the commissioner may require, executed under oath by its president or other principal officer; (b) a copy of the form of its contract; (c) a certified copy of its charter or articles of incorporation and its bylaws, if any; (d) a financial statement in the form and detail that the commissioner may require, executed on oath by its president or other principal officer; (e) a certificate from the commissioner that it has complied with 61-12-304 in all cases in which a deposit of cash or a bond is required by this part; (f) if the company is a corporation, a certificate from the secretary of state that the company has complied with this state's corporate laws. (2) The commissioner may not issue a license to a company until the company has paid to the commissioner $100 as an annual license fee or the pro rata portion of the $100 necessary to be paid to the end of the current calendar year from the date of the application for the license. (3) The commissioner may not issue a license to a company until the company has satisfied by an examination and evidence that the commissioner may require that the company has complied with the laws of the state, that its management is trustworthy and competent, and that the company is financially responsible.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 61-12-303
What does Montana Code Annotated § 61-12-303 cover?
Section 61-12-303 ("Requirements For License") 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 § 61-12-303?
A common citation format is "Montana Code Annotated § 61-12-303" (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 § 61-12-303 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.