2007 Montana Legislature

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HOUSE BILL NO. 542

INTRODUCED BY D. GALLIK

 

A BILL FOR AN ACT ENTITLED: "AN ACT AUTHORIZING THE COMMISSIONER OF INSURANCE TO ADOPT RULES TO ENSURE IMPLEMENTATION OF APPROPRIATE STANDARDS TO PROTECT MILITARY PERSONNEL FROM DISHONEST AND PREDATORY INSURANCE SALES PRACTICES PURSUANT TO A DIRECTIVE FROM THE UNITED STATES CONGRESS; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE."

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:

 

     NEW SECTION.  Section 1.  Protection of military personnel -- rulemaking authority. (1) The commissioner may adopt rules relating to insurance transactions that may be necessary to protect military personnel located or residing on a United States military installation in this state or located or residing elsewhere in this state.

     (2) The rules must be designed to protect the special needs of military personnel who are also insurance consumers.

     (3) Rules adopted by the commissioner may not go beyond the scope of any model regulations that are adopted by the national association of insurance commissioners in response to a directive from the United States congress in Public Law 109-290, directing that the states ensure implementation of appropriate standards to protect military personnel from dishonest and predatory insurance sales practices.

 

     NEW SECTION.  Section 2.  Codification instruction. [Section 1] is intended to be codified as an integral part of Title 33, chapter 18, part 2, and the provisions of Title 33, chapter 18, part 2, apply to [section 1].

 

     NEW SECTION.  Section 3.  Effective date. [This act] is effective on passage and approval.

- END -

 


Latest Version of HB 542 (HB0542.01)
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