Montana Code 33-1-1301. Insurance, viatical settlement, medical care discount card, pharmacy discount card, and securities fraud education and prevention program — definitions
33-1-1301. Insurance, viatical settlement, medical care discount card, pharmacy discount card, and securities fraud education and prevention program — definitions. (1) The commissioner may:
Terms Used In Montana Code 33-1-1301
- Fraud: Intentional deception resulting in injury to another.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(a)establish an insurance, viatical settlement, medical care discount card, pharmacy discount card, and securities fraud education and prevention program; and
(b)conduct investigations of insurance, viatical settlement, medical care discount card, pharmacy discount card, and securities fraud.
(2)As used in this part:
(a)”medical care discount card” and “pharmacy discount card” have the meanings provided in 33-38-102; and
(b)”viatical settlement broker”, “viatical settlement contract”, and “viatical settlement provider” have the meanings provided in 33-20-1302.