{"data":{"id":"us-mt/33-20-803","jurisdiction":"us-mt","citation":"33-20-803","heading":"Exemptions.","body":"Unless otherwise specifically included, this part does not apply to recommendations involving:\n(1) direct response solicitations when there is no recommendation made based on information collected from the consumer pursuant to this part;\n(2) contracts used to fund:\n(a) an employee pension or welfare benefit plan that is covered by the Employee Retirement Income Security Act of 1974, 29 U.S.C. 1001, et seq.;\n(b) a plan described by section 401(a), 401(k), 403(b), 408(k), or 408(p) of the Internal Revenue Code, 26 U.S.C. 401(a), 401(k), 403(b), 408(k), or 408(p), if established or maintained by an employer;\n(c) a governmental plan or church plan defined in section 414 of the Internal Revenue Code, 26 U.S.C. 414, a government or church welfare benefit plan, or a deferred compensation plan of a state or local government or tax-exempt organization under section 457 of the Internal Revenue Code, 26 U.S.C. 457;\n(d) a nonqualified deferred compensation plan established or maintained by an employer or plan sponsor;\n(3) settlements of or assumptions of liabilities associated with personal injury litigation or any dispute or claim resolution process;\n(4) formal prepaid funeral contracts; or\n(5) variable annuities regulated under Title 30, chapter 10.","path":["TITLE 33. INSURANCE AND INSURANCE COMPANIES","CHAPTER 20. LIFE INSURANCE","Part 8. Suitability in Annuity Transactions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0330/chapter_0200/part_0080/section_0030/0330-0200-0080-0030.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:52:40Z","sha256":"7606bd203d6197a63001160659239907510bdff0b09c1b6ba48925836e06dc54","source_id":"us-mt","stale":false,"prev":"us-mt/33-20-802","next":"us-mt/33-20-804"},"notice":"GroundRules: Original legal text. Not legal advice."}