Montana Code > Title 33 > Chapter 17 > Part 6 – Administrators


§ 33-17-601	Repealed
§ 33-17-602	Written agreement required
§ 33-17-603	Certificate of registration
§ 33-17-604	Waiver of certification requirements
§ 33-17-605	Repealed
§ 33-17-611	Maintenance of information
§ 33-17-612	Approval of advertising
§ 33-17-613	Collection of charges and premiums
§ 33-17-614	Treatment of payments
§ 33-17-615	Payment of claims
§ 33-17-616	Delivery of documents
§ 33-17-617	Claim adjustment and settlement
§ 33-17-618	Insured persons to be notified of availability of administrator

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Administrator: means a person who collects charges or premiums from residents of this state in connection with life, disability, property, or casualty insurance or annuities or who adjusts or settles claims on these coverages. See Montana Code 33-17-102
Contract: A legal written agreement that becomes binding when signed.
Fiduciary: A trustee, executor, or administrator.
License: means a document issued by the commissioner that authorizes a person to act as an insurance producer for the lines of authority specified in the document. See Montana Code 33-17-102
Person: means an individual or a business entity. See Montana Code 33-17-102
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.
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
Trustee: A person or institution holding and administering property in trust.
Writing: includes printing. See Montana Code 1-1-203