TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 25. MONTANA TITLE INSURANCE ACT

Part 4. Prohibited Practices -- Penalties

Prohibited Practices -- Producer And Associates -- Prohibition Of Favored Insurance Producer Or Insurer

33-25-403. Prohibited practices -- producer and associates -- prohibition of favored insurance producer or insurer. A producer or associate may not, directly or indirectly, require as a condition, agreement, or understanding of providing another person a loan, loan extension, credit, sale, property, contract, lease, or service that the other person obtain title insurance of any kind from a particular title insurer or title insurance producer. A title insurer or title insurance producer may not knowingly participate in a plan or transaction prohibited by this section.

History: En. Sec. 14, Ch. 519, L. 1985; amd. Sec. 66, Ch. 713, L. 1989.