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6.6.2803    EXAMINATION OF SUBMISSIONS

(1) The association is to examine each submission from licensed Montana surplus lines producers to assure accuracy.

(2) With the exception of the annual statement required by 33-2-310, MCA, every Montana surplus lines producer shall submit to the association all information required to be filed by 33-2-301, et seq., MCA, these rules, or those sections of the operating manual compiled by the association which have been approved by the commissioner and distributed in compliance with ARM 6.6.2807. Such submissions shall be made by surplus lines insurance producers in the manner prescribed by the approved sections of the operating manual.

(3) All such submissions are to be made by licensed Montana surplus lines producers to the association on forms approved by the commissioner, and shall be submitted to the association within 30 working days of the effective date of the policy.

(4) Licensed Montana surplus lines producers shall submit the annual statement required by 33-2-310, MCA, and the premium tax required by 33-2-311, MCA, directly to the commissioner.

History: Sec. 33-1-313 and 33-2-316, MCA; IMP, 33-2-301 through 33-2-326, MCA; NEW, 1990 MAR p. 218, Eff. 1/26/90.

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