Montana Code 33-16-223. Effective period of reduction
33-16-223. Effective period of reduction. (1) The premium reduction required by 33-16-222 is effective for an insured for a 3-year period after successful completion of the approved course. Each person shall take an approved course every 3 years in order to continue to be eligible for the reduction in premium required by 33-16-222.
Terms Used In Montana Code 33-16-223
- Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
- Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
(2)An insurer may require, as a condition of maintaining the discount, any or all of the following:
(a)that the insured not be involved in an accident in which the insured is at fault;
(b)that the insured not be convicted of or plead guilty or nolo contendere to a moving traffic violation; or
(c)that the insured not have forfeited bail or collateral for a moving traffic violation.