Rule 23.19.501 - DEFINITIONSIn addition to the terms defined in 30-14-1403, MCA, the following terms shall, unless the context otherwise indicates, have the following meanings for the purposes of this subchapter:
(1) "Act" means the Montana Telemarketing Registration and Fraud Prevention Act as set forth in Title 30, chapter 14, part 14, MCA.(2) "Applicant" means a nonexempt seller or telemarketer applying for registration or renewal with the department.(3) "Financial responsibility" means surety bond, certificate of deposit, cash or a government bond in the amount of $50,000.(4) "Manager" means a person who supervises the work of a telemarketer or seller.(5) "Nonexempt seller or telemarketer" means a seller or telemarketer as defined in 30-14-1403, MCA, who pursuant to 30-14-1405, MCA, is not exempt from the registration and bonding requirement of 30-14-1404, MCA.(6) "Principal" means: (b) an officer of a corporation or limited liability company;(c) a general partner of a partnership;(d) a sole proprietor of a sole proprietorship;(e) a partner of a limited liability partnership;(f) a trustee of a trust; or(g) any other individual who controls, manages or supervises a telephone sales or operation.(7) "Registrant" means the nonexempt seller or telemarketer registered with the department to conduct telemarketing operations in Montana.Mont. Admin. r. 23.19.501
NEW, 2000 MAR p. 1501, Eff. 6/16/00; TRANS, from Commerce, 2001 MAR p. 1176; TRANS, from Administration, 2006 MAR p. 322, Eff. 2/10/06.30-14-1402, MCA; IMP, 30-14-1402, 30-14-1403, MCA;